Money Supply Mixed: The Federal Reserve Board...
From Times Staff and Wire Service Reports
Money Supply Mixed: The Federal Reserve Board reported that the narrowest measure of the nation’s money supply, M1, fell in the week ended June 11 to a seasonally adjusted $807.6 billion from $808.2 billion. A broader measure, known as M2, rose to a seasonally adjusted $3,266.6 billion from a revised $3,260.8 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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