The nation’s basic money supply, M1, rose...
The nation’s basic money supply, M1, rose by $4.8 billion in the week ended July 20, the Federal Reserve Board reported. The Fed said M1 rose to a seasonally adjusted $748.3 billion in the week ended July 20 from a revised $743.5 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. The previous week’s figure originally was estimated at $743.3 billion by the Fed.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
