Money Supply Mixed: The narrowest measures of...
Money Supply Mixed: The narrowest measures of the nation’s money supply rose in the week ended May 21, the Federal Reserve Board reported. The measure known as M1, rose to a seasonally adjusted $807.1 billion from a revised $803.1 billion. The measure known as M2 fell to a seasonally adjusted $3,266.1 billion from a revised $3,266.4 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.
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