This past week M1 and M2 saw increases. M1 money supply (which includes Currency, Travelers Checks, Demand Deposits, and other checkable deposits) increase by 1.3%. M2 money supply (which includes M1 plus, retail Money Market Mutual Funds, savings and small time deposits) rose 0.02%. M1 is 8.96% higher than it was 1 year ago and M2 is 4.35% higher than the year earlier.
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