Money Supply Gains: The two broadest measures...
From Times Staff and Wire Reports
Money Supply Gains: The two broadest measures of the nation’s money supply rose in the week ended March 18, the Federal Reserve Board reported. The Fed said M2 rose to $3,380.1 billion from a revised $3,373.2 billion the previous week. M3 rose to $4,175.7 billion from a revised $4,172.4 billion. M1, rose to $840.4 billion from $839.5 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts such as savings deposits; M3 is M2 plus less-liquid accounts such as certificates of deposit.
