Money Supply Up Slightly: Two measures of...
- Share via
Money Supply Up Slightly: Two measures of the nation’s money supply rose slightly in the week ended March 19, the Federal Reserve Board reported. The Fed said the measure known as M2 rose $1.5 billion to a seasonally adjusted $3,271.0 billion from $3,269.5 billion the previous week. The narrowest measure of the money supply, M1, remained virtually unchanged at a seasonally adjusted $802.5 billion, compared to $802.2 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.
More From the Los Angeles Times
Podcasts
The latest effort is coming from the L.A. County Board of Supervisors. They just announced a $3 million program in conjunction with some nonprofits groups to test and clean the soil at homes still standing in the areas impacted by the Eaton Fire.
California once bet big on offshore wind to help power its clean-energy future, but the Trump administration is now paying developers billions to walk away from their projects. As California’s remaining offshore-wind leases hang in the balance, the state is fighting back in court.
The Hillside Strangler murders terrorized Los Angeles in the late 1970s. The killers were a pair of sadistic cousins. One confessed. The other was set to stand trial—until L.A. prosecutors flinched.
