Money Supply Higher: The Federal reserve reported...
From Times Staff and Wire Reports
Money Supply Higher: The Federal reserve reported that the narrowest measure of the nation’s money supply, M1, rose in the week ended March 5 to a seasonally adjusted $807 billion from $805 billion. a broader measure known as M2 rose to a seasonally adjusted $3,269.3 billion from $3,264.4 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.
