BANKING
Money Supply Rises: The Federal Reserve Board reported that the measure of the nation’s money supply known as M2 rose $11.9 billion in the week ended Nov. 2 to a seasonally adjusted $3,508.9 billion from a revised $3,497.0 billion the week before. An even broader measure, M3, rose to a seasonally adjusted $4,191.2 billion, up $4.8 billion from a week earlier. The narrowest measure, M1, rose to a seasonally adjusted $1,017.4 billion, up $8.3 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks.
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