M2
Definition
M1 plus savings deposits, small time deposits, and retail money-market funds. Broader measure tracked closely by economists.
Example
US M2 ballooned during the 2020–21 pandemic stimulus to over $21 trillion.
M1 plus savings deposits, small time deposits, and retail money-market funds. Broader measure tracked closely by economists.
US M2 ballooned during the 2020–21 pandemic stimulus to over $21 trillion.