Money Supply Rises: The Federal Reserve Board...

Money Supply Rises: The Federal Reserve Board reported that the measure of the nation’s money supply known as M2 rose in the week ended Feb. 18 to a seasonally adjusted $3,359.8 billion from $3,353 billion the week before. An even broader measure, M3, rose to a seasonally adjusted $4,167 billion from $4,161.6 billion. The narrowest measure of the money supply, M1, rose to $839 billion from $836.5 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. M3 is M2 and less liquid accounts, such as certificates of deposit in minimum denominations of $100,000.