M2 money supply for United States adds savings accounts, money market funds, and small time deposits to M1, providing a broader measure of the money stock. It is the most commonly referenced broad money aggregate in policy analysis.
Why FX traders watch it
M2 growth is a key input to monetarist models of inflation. The Federal Reserve monitors M2 to assess the pace of credit creation and liquidity in the economy. Rapid M2 expansion can be a precursor to inflation.
How to interpret the data
Above-trend M2 growth over 6–12 months is a medium-term inflation risk and can support a hawkish Federal Reserve stance, which is usd-positive. Contracting M2 (as seen in some post-QE tightening periods) signals deflationary pressure.
Historical M2 অর্থ সরবরাহ (USD)
Source: FRED (BEA/BLS/Fed)
· Monthly
· USD bn
Chart data not available. Access the full historical series via the API endpoint above.