Money Supply Increases: The narrowest measure of...
From Times Staff and Wire Reports
Money Supply Increases: The narrowest measure of the nation’s money supply, M1, rose in the week ended July 2 to a seasonally adjusted $818.2 billion from $809.4 billion, the Federal Reserve Board reported. The Fed said the measure known as M2 rose to a seasonally adjusted $3,276.1 billion from $3,271.2 billion the previous week. 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.
