The latest Fed M2 data flags a shift in macro liquidity.
US money supply in August:
Rose $113 billion to a record $23.41 trillion.Grew 5.7% YoY, the fastest pace since May 2022, with growth accelerating for a third straight month.
Experts warn that expanding money supply and persistent fiscal deficits could keep inflation sticky, giving the Fed more reason to stay hawkish and potentially consider further rate hikes.
US money supply in August:
Rose $113 billion to a record $23.41 trillion.Grew 5.7% YoY, the fastest pace since May 2022, with growth accelerating for a third straight month.
Experts warn that expanding money supply and persistent fiscal deficits could keep inflation sticky, giving the Fed more reason to stay hawkish and potentially consider further rate hikes.
