U.S. M-1 money supply rose 1.0 billion dlrs to a seasonally adjusted 741.0 billion dlrs in the March 23 week the Federal Reserve said. The previous weeks M-1 level was revised to 740.0 billion dlrs from 740.2 billion while the four-week moving average of M-1 rise to 739.7 billion dlrs from 739.1 billion. Economists polled bys said that M-1 would be anywhere from down 2.1 billion dlrs to up two billion dlrs. The average forecast called for an 800 mln dlr increase.
U.S. M-1 MONEY SUPPLY RISES ONE BILLION DLRS