5 ms·
From https://www.federalreserve.gov/feeds/h6.html https://www.federalreserve.gov/feeds/h6.html >> Consequently, [February 23 2021]'s H.6 statistical release co
by Majromax 5y ago
From https://www.federalreserve.gov/feeds/h6.html https://www.federalreserve.gov/feeds/h6.html
>> Consequently, [February 23 2021]'s H.6 statistical release combines release items "Savings deposits" and "Other checkable deposits" retroactively back to May 2020 and includes the resulting sum, reported as "Other liquid deposits," in the M1 monetary aggregate. This action increases the M1 monetary aggregate significantly while leaving the M2 monetary aggregate unchanged.
- webinvest 5y agoOkay so they were moved to M1 —- which is included in M2 so M2 aggregate is unchanged.