Money Supply Rises: The Federal Reserve Board...
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Money Supply Rises: The Federal Reserve Board reported that the narrowest measure of the nation’s money supply, M1, rose in the week ended Jan. 22 to a seasonally adjusted $794.1 billion from $791.2 billion a week earlier. A broader measure, M2, rose to a seasonally adjusted $3,226.5 billion from $3,217.5 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts such as savings deposits and money market mutual funds.
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