The Federal Reserve Board reported that the...
The Federal Reserve Board reported that the narrowest measure of the money supply, M1, rose to a seasonally adjusted $783.4 billion in the week ended Aug. 22 from $780.1 billion the week before. The Fed said a broader measure, M2, rose to a seasonally adjusted $3,033.6 billion in that week from $3,027.8 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts like savings deposits and money market mutual funds.
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