ECONOMY
2 Money Supply Indicators Fall: The Federal Reserve Board reported that the money supply measure known as M2 fell in the week ended Sept. 23 to a seasonally adjusted $3,392.7 billion from $3,395.7 billion the previous week. An even broader measure, M3, fell to a seasonally adjusted $4,136.7 billion from $4,143.5 billion. The narrowest measure of the money supply, M1, rose $1.2 billion to a seasonally adjusted $870.7 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.
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