Saturday, July 29, 2017

USA Money Supply Up to Dec 2016



MZMNA (Money Zero Maturity not adjusted) is a measure of the liquid money supply within an economy. MZM represents M2 less smaller time deposits, plus money market funds.

M3NA (M3 not adjusted) is a measure of money supply that includes all elements of M2 as well as large time deposits, institutional money market funds, and other larger liquid assets. On March 23, 2006, the Federal Reserve Board of Governors ceased publication M3 as it considered that it did not convey additional information beyond 2 figures and that the costs of collecting the data outweighed the benefits.

Source: Federal Reserve Bank of St. Louis, 29 July 2017

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