Money Supply · M2 / H.6
Definition
The Fed’s H.6 report on the money stock — M2 includes cash, checking and savings deposits, and retail money-market funds.
Why investors care
Big swings in M2 track liquidity conditions; its post-pandemic surge and contraction sharpened focus on the money-inflation link.
What to watch
Year-over-year M2 growth is the watched number — outright contraction is historically rare and notable.