Measures of Money Supply Rise: The two...

Measures of Money Supply Rise: The two broadest measures of the nation’s money supply rose in the week ended March 11, the Federal Reserve Board reported. The measure known as M2 rose to a seasonally adjusted $3,373.3 billion from $3,367.1 billion the previous week. An even broader measure, M3, rose to a seasonally adjusted $4,173.0 billion from $4,167.7 billion. The narrowest measure of the money supply, M1, rose to a seasonally adjusted $839.6 billion from $837.6 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. M3 is M2 plus less-liquid accounts, such as certificates of deposit in minimum denominations of $100,000.