Money Supply Rises: The Federal Reserve reported...
- Share via
From Times Staff and Wire Reports
Money Supply Rises: The Federal Reserve reported that the narrowest measure of the nation’s money supply, M1, rose in the week ended Feb. 26 to a seasonally adjusted $804.9 billion from a revised $800.4 billion a week earlier. A broader measure, M2, rose to a seasonally adjusted $3,264.8 billion from a revised $3,256.5 billion the week before. 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.
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.
