Money Supply Increases: The Federal Reserve Board...
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Money Supply Increases: The Federal Reserve Board reported that the narrowest measure of the nation’s money supply, M1, rose in the week ended Oct. 2 to a seasonally adjusted $789.3 billion from $782.5 billion the week before. A broader measure known as M2 rose to a seasonally adjusted $3,165.7 billion from $3,159.7 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and travelers checks. M2 is M1 plus accounts such as savings deposits and money market mutual funds.
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