Money Supply Falls: The Federal Reserve Board...
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Money Supply Falls: The Federal Reserve Board reported that the narrowest measure of the nation’s money supply, M1, fell to a seasonally adjusted $784 billion in the week ended March 13 from $791.5 billion the week before. The measure known as M2 fell to a seasonally adjusted $3,078.1 billion from $3,083.4 billion a week earlier. 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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