Money Supply Rises: The Federal Reserve Board...
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Money Supply Rises: The Federal Reserve Board reported that the nation’s money supply, known as M1, rose in the week ended Aug. 7 to a seasonally adjusted $778.7 billion from $775.7 billion. The Fed said the measure known as M2 rose to a seasonally adjusted $3,132.4 billion from $3,127.5 billion the week before. 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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