The Federal Reserve reported that the narrowest...

The Federal Reserve reported that the narrowest measure of the nation’s money supply, M1, rose to a seasonally adjusted $771.2 billion in the week ended May 30, from a revised $769.1 billion the previous week. The previous week’s total was initially estimated at $769.3 billion. A broader measure known as M2 rose to a seasonally adjusted $3.011 trillion from $3.007 trillion the previous week. 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.