M2 Monetary Aggregate

M2 is a measure of the U.S. money stock that includes M1 (currency and coins held by the non-bank public, checkable deposits, and travelers' checks) plus savings deposits (including money market deposit accounts), small time deposits under $100,000, and shares in retail money market mutual funds. The Board of Governors releases M2 data in its H.6 Statistical Release.

See even more long-term M2 charts and historical data from FRED (Federal Reserve Economic Data), the St. Louis Fed Research Department's database of more than 800,000 U.S. and international economic time series.


For information on 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 from the Board of Governors posted in 2020.

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