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Money Supply Mixed: The Federal Reserve Board...

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From Times Staff and Wire Reports

Money Supply Mixed: The Federal Reserve Board reported that the measure of the nation’s money supply known as M2 rose in the week ended Feb. 25 to a seasonally adjusted $3,360.2 billion from $3,358.1 billion the week before. A broader measure, M3, rose to a seasonally adjusted $4,166.4 billion from $4,165.6 billion. The narrowest measure, M1, fell to a seasonally adjusted $836.2 billion from $838.9 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 plus less-liquid accounts, such as certificates of deposit in minimum denominations of $100,000.

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