BANKING & FINANCE - Jan. 20, 1995
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Money Supply Mixed: For the week ended Jan. 9, the Federal Reserve Board said, the measure known as M2 rose to a seasonally adjusted $3,606.8 billion from a revised $3.605.9 billion the previous week. M3, a broader measure, fell to $4,289.9 billion from $4,291.5 billion. M1, the narrowest measure, rose to $1,145.7 billion from $1,141.8 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank traveler’s 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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