Money Supply Expands: The Federal Reserve Board...
From Times Staff and Wire Service Reports
Money Supply Expands: The Federal Reserve Board reported that the narrowest measure measure of the nation’s money supply, M1, rose to a seasonally adjusted $799.2 billion in the week ended Feb. 5 from $792.6 billion the week before. The measure known as M2 rose to a seasonally adjusted $3,251.7 billion from $3,239.2 billion the previous week. 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.
