The Federal Reserve Board reported that the...
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The Federal Reserve Board reported that the narrowest measure of the money supply, M1, rose $2 billion to a seasonally adjusted $768.3 billion in the week ended March 28 from $766.3 billion the previous week. The central bank said a broader measure known as M2 rose $4.6 billion to a seasonally adjusted $2,979.5 billion from $2,974.9 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 funds.
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