The M2 money supply in the United States experienced a slight uptick, rising from $21.03 trillion in June 2024 to $21.05 trillion in July 2024. This data, as updated on August 27, 2024, marks a modest month-over-month increase as the economy navigates through a landscape of ongoing financial adjustments.In the previous period, from May to June 2024, the M2 money supply hit a plateau at $21.03 trillion, indicating a temporary stabilization. However, the latest figures suggest a renewed, albeit minor, expansion in the money supply, reflecting changes in consumer behavior, lending activities, and overall economic growth.Economists and financial analysts will be closely watching these fluctuations in the M2 indicator to gauge potential impacts on inflationary pressures, interest rates, and broader economic trends. The month-over-month data provides critical insights into the liquidity and financial health of the U.S. economy as it continues to recover and adapt to both domestic and global economic conditions.The material has been provided by InstaForex Company – www.instaforex.com
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