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.

Summary

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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.