Money Supply Rises: The Federal Reserve Board...
From Times Staff and Wire Reports
Money Supply Rises: The Federal Reserve Board reported that M2, a broad measure of the nation’s money supply, rose in the week ended Sept. 3 to a seasonally adjusted $3,316.4 billion from $3,303.7 billion the week before. The narrowest measure of the money supply, M1, rose to a seasonally adjusted $820 billion from $815.6 billion. 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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