FRED Graph

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Weekly, Ending Monday

This weekly series is discontinued. The non-seasonally adjusted version of this weekly series is WM1NS, and the seasonally adjusted monthly series is M1SL.

Starting on February 23, 2021, the H.6 statistical release is now published at a monthly frequency and contains only monthly average data needed to construct the monetary aggregates. Weekly average, non-seasonally adjusted data will continue to be made available, while weekly average, seasonally adjusted data will no longer be provided. For further information about the changes to the H.6 statistical release, see the announcements provided by the source. Seasonally adjusted M1 is constructed by summing currency, demand deposits, and OCDs (before May 2020) or other liquid deposits (beginning May 2020), each seasonally adjusted separately.

For more information on the H.6 release changes and the regulatory amendment that led to the creation of the other liquid deposits component and its inclusion in the M1 monetary aggregate, see the H.6 announcements and Technical Q&As posted on December 17, 2020.

For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Before May 2020, M2 consists of M1 plus (1) savings deposits (including money market deposit accounts); (2) small-denomination time deposits (time deposits in amounts of less than $100,000); and (3) balances in retail money market funds (MMFs); less individual retirement account (IRA) and Keogh account balances at depository institutions and MMFs.

Beginning May 2020, M2 consists of M1 plus (1) small-denomination time deposits (time deposits in amounts of less than $100,000) and (2) balances in retail MMFs, less IRA and Keogh account balances at depository institutions and MMFs.

For more information on the H.6 release changes and the regulatory amendment that led to the creation of the other liquid deposits component and its inclusion in the M1 monetary aggregate, see the H.6 announcements and Technical Q&As posted on December 17, 2020.

For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.