Money Supply Rises: The Federal Reserve reported...
- Share via
From Times Staff and Wire Service Reports
Money Supply Rises: The Federal Reserve reported that the narrowest measure of the nation’s money supply, M1, edged up $100 million to a seasonally adjusted $798.6 billion in the week ended Feb. 12, from a revised $798.5 billion the week before. The measure known as M2 rose $3 billion to a seasonally adjusted $3,252.5 billion from a revised $3,249.5 billion the previous week. 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.
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.
