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U.S. M1 and M2 Money Supply Falls |
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US Economy |
Written by CEP News |
Aug 28 08 21:34 GMT |
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(CEP News) - M1 money supply fell $16.3 billion in the week ending Aug. 27, while M2 fell $10.5 billion, according to figures released by the Federal Reserve Thursday.
The Fed's Treasury holdings rose $104 million to $479.6 billion in the week. The Federal Reserve's discount window lending is up $956 million to $18.5 billion in the week - a new record daily average. By Stephen Huebl,
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, edited by Sarah Sussman,
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