Federal Reserve Reports Rise in Money Supply:...
From Times Staff and Wire Reports
Federal Reserve Reports Rise in Money Supply: A broad measure of the nation’s money supply, known as M2, rose $1.1 billion to a seasonally adjusted $3,317.6 billion in the week ended Sept. 10 from a revised $3,316.4 billion the week before. The central bank said the narrowest measure of the money supply, M1, rose to a seasonally adjusted $820.5 billion from $820.0 billion. 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.
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