Money Supply Increases: The two broadest measures...

Money Supply Increases: The two broadest measures of the nation’s money supply rose in the week ended May 6, the Federal Reserve Board reported. The Fed said M2 rose to $3,392.6 billion from $3,377.4 billion the previous week. M3 rose to $4,173.0 billion from $4,161.4 billion. M1 rose to $849.6 billion from $839.9 billion. 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. M3 is M2 plus less-liquid accounts such as certificates of deposit in minimum denominations of $100,000.