Money Supply Higher: The two broadest measures...
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Money Supply Higher: The two broadest measures of the nation’s money supply rose in the week ended March 4, the Federal Reserve Board reported. The Fed said M2 rose to $3,365 billion from $3,360 billion the previous week. The broader M3 rose to $4,168 billion from $4,166 billion. M1 rose to $837.7 billion from $835.9 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus liquid savings accounts. M3 is M2 plus less-liquid accounts, such as certificates of deposit.
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