BANKING & FINANCE - Feb. 21, 1992
From Times Staff and Wire Reports
Money Supply Rises: The Federal Reserve Board said the measure of supply known as M2 rose in the week ended Feb. 10 to a seasonally adjusted $3,476.2 billion from $3,466.7 billion the week before. A broader measure, M3, rose to a seasonally adjusted $4,202.2 billion from $4,196.7 billion. The narrowest measure, M1, rose to a seasonally adjusted $926.6 billion from $921.2 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.
