US Money Supply Shrinks for First Time Since Fed Started Sharing Data

The U.S. wealth proviso has contracted for the archetypal clip since the Federal Reserve started publishing this information successful January 1960. According to the latest data presented by the Board of Governors of the Federal Reserve System, the M2 money-supply maturation complaint tumbled by 1.3 percent twelvemonth implicit twelvemonth successful December, down from 0.01 percent successful November. This is besides sharply down from the February 2021 highest of astir ...