Money Supply Rises: The narrowest measure of...
Money Supply Rises: The narrowest measure of the nation’s money supply, M1, rose in the week ended Aug. 13 to a seasonally adjusted $814.4 billion from $812.9 billion, the Federal Reserve Board reported. The Fed said the measure known as M2 rose to a seasonally adjusted $3,299.8 billion from $3,292.1 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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