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Money Supply Increases: Two measures of the...

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From Times Staff and Wire Reports

Money Supply Increases: Two measures of the nation’s money supply rose in the week ended March 25, the Federal Reserve Board reported. The narrowest measure of the money supply, M1, rose to a seasonally adjusted $844.5 billion from a revised $840.2 billion. The Fed said the measure known as M2 rose to a seasonally adjusted $3,385.6 billion from a revised $3,379.4 billion the previous week. 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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