US M2 Money Supply Hits Record $23.1 Trillion
The U.S. M2 money supply reached a record $23.1 trillion in May, marking its largest monthly expansion since May 2021. Reported data show the broad measure of liquidity surged by $247.8 billion, adding to the stock of cash, savings deposits, and other near-money assets held by households and businesses.
The jump shifts focus to domestic economic conditions as markets gauge inflation and Federal Reserve policy paths. M2 expansion reflects rising liquidity, which historically tracks with shifts in credit availability and asset valuations. Traders use the monthly reading to adjust interest rate forecasts and rebalance bond and equity exposures.
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@cointelegraph🔥 HUGE: US M2 money supply hit a record $23.1T in May, surging $247.8B in its biggest monthly jump since 2021.
@xnewsglobalen🔴 US M2 money supply surges a record $247.8B in May to $23.1T. Largest monthly gain since May 2021. Could fuel inflation and keep Fed hawkish. More updates: