2015-07-14

Money Supply Growth Strong in June

M2 increased 1.99% in June. This is the second month of fast growth, but the June figure was below the 2.31% increase in June 2014, so yoy M2 growth slowed to 10.24%.

M2 in November 2014 was below its June 2014 level, so the next several months are favorable comparisons yoy.

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