Money Supply Rises: The Federal Reserve reported...
From Times Staff and Wire Reports
Money Supply Rises: The Federal Reserve reported that the narrowest measure of the nation’s money supply, M1, rose in the week ended Feb. 26 to a seasonally adjusted $804.9 billion from a revised $800.4 billion a week earlier. A broader measure, M2, rose to a seasonally adjusted $3,264.8 billion from a revised $3,256.5 billion the week before. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts like savings deposits and money market mutual funds.
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