Advertisement

THE ECONOMY

Share
From Times Staff and Wire Reports

Money Supply Up: The two broadest measures of the nation’s money supply rose in the week ended June 10, the Federal Reserve Board reported. The measure known as M2 rose to a seasonally adjusted $3,402.3 billion from a revised $3,389 billion the previous week. An even broader measure, M3, rose to a seasonally adjusted $4,172.6 billion from a revised $4,161.7 billion. The narrowest measure of the money supply, M1, rose to a seasonally adjusted $856.5 billion from a revised $850.6 billion.

Advertisement