U.S. M2 Money Supply Rises 4.8% in February to Record $22.6 Trillion

U.S. M2 Money Supply Rises 4.8% in February to Record $22.6 Trillion

The measure of broad money reached a new high after 24 straight monthly increases and stands about $700 billion above its March 2022 peak.

Fact Check
The strongest evidence is the official Federal Reserve data. The FRED series “M2 (M2SL) - FRED - Federal Reserve Bank of St. Louis” reports seasonally adjusted M2 at 22,667.3 billion dollars in February 2026, i.e. about $22.67 trillion, which supports the ‘record $22.6 trillion’ part. The FRED release table “Release Tables: Table 1: Money Stock Measures - FRED” shows Feb 2026 M2 of 22,667.3 versus Feb 2025 M2 of 21,613.2, implying roughly a 4.9% year-over-year increase; describing that as 4.8% is a reasonable rounding/truncation difference. The same release table also shows Jan 2026 at 22,469.1, so February was another monthly increase, and the official series indicates it was indeed a new high. The Federal Reserve Board page “Federal Reserve Board - Money Stock Measures - H.6 - March 24, 2026” is the primary release underlying those values. The claim that M2 stands about $700 billion above its March 2022 peak is also broadly consistent with the official February 2026 level, though the exact March 2022 comparison point is not directly quoted in the fetched pages here. Overall, the claim is well supported by primary-source data, with only minor rounding differences.
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Terms & Concepts
  • M2 money supply: A broad measure of money that includes cash, checking deposits, savings deposits, and other near-money assets in an economy.
  • Year over year (YoY): A comparison method that measures how a figure changed versus the same period one year earlier.