Money Supply M2 in the United States increased to 21447.60 USD Billion in November from 21311.20 USD Billion in October of 2024. This dataset provides - United States Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for M2 for United States from Jan 1959 to Mar 2017 about M2, monetary aggregates, and USA.

United States - M2 was 21561.40000 Bil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - M2 reached a record high of 21723.20000 in April of 2022 and a record low of 286.60000 in January of 1959. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - M2 - last updated from the United States Federal Reserve on March of 2025.

The value of M2 money supply in the U.S. amounted to 20.86 trillion U.S. dollars in 2023, which was a slight decrease compared to the previous year. While between 2000 and 2019, the M2 money supply increased at a relatively slow pace, there was an exceptionally sharp increase in 2020, which was the result of the Federal Reserve's quantitative easing in response to the COVID-19 pandemic.

The United States M2 money supply reached approximately 21.6 trillion U.S. dollars by January 2025, marking a gradual upward trend after a period of decline. This follows an extraordinary surge in 2020 and 2021, primarily driven by the Federal Reserve's aggressive quantitative easing measures in response to the COVID-19 pandemic.

United States US: Money Supply: M2: Seasonally Adjusted data was reported at 13,180.900 USD bn in 2016. This records an increase from the previous number of 12,313.500 USD bn for 2015. United States US: Money Supply: M2: Seasonally Adjusted data is updated yearly, averaging 2,912.450 USD bn from Dec 1959 (Median) to 2016, with 58 observations. The data reached an all-time high of 13,180.900 USD bn in 2016 and a record low of 297.800 USD bn in 1959. United States US: Money Supply: M2: Seasonally Adjusted data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Money Supply: Annual.

United States Money Supply M2: Savings Deposits: Banks data was reported at 7,871.700 USD bn in Oct 2018. This records a decrease from the previous number of 7,916.500 USD bn for Sep 2018. United States Money Supply M2: Savings Deposits: Banks data is updated monthly, averaging 544.500 USD bn from Jan 1959 (Median) to Oct 2018, with 718 observations. The data reached an all-time high of 7,916.500 USD bn in Sep 2018 and a record low of 51.500 USD bn in Jan 1959. United States Money Supply M2: Savings Deposits: Banks data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KA005: Money Stock, Liquid Assets and Debt Measures: Monthly.

United States Money Supply M2: sa: Small Time Deposits data was reported at 518.000 USD bn in Oct 2018. This records an increase from the previous number of 505.900 USD bn for Sep 2018. United States Money Supply M2: sa: Small Time Deposits data is updated monthly, averaging 765.700 USD bn from Jan 1959 (Median) to Oct 2018, with 718 observations. The data reached an all-time high of 1,457.900 USD bn in Dec 2008 and a record low of 11.400 USD bn in Dec 1959. United States Money Supply M2: sa: Small Time Deposits data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KA005: Money Stock, Liquid Assets and Debt Measures: Monthly.

Money Supply M0 in the United States decreased to 5614000 USD Million in February from 5614200 USD Million in January of 2025. This dataset provides - United States Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States Money Supply M2: Savings Deposits data was reported at 9,203.700 USD bn in Oct 2018. This records a decrease from the previous number of 9,249.700 USD bn for Sep 2018. United States Money Supply M2: Savings Deposits data is updated monthly, averaging 925.000 USD bn from Jan 1959 (Median) to Oct 2018, with 718 observations. The data reached an all-time high of 9,249.700 USD bn in Sep 2018 and a record low of 136.000 USD bn in Jan 1959. United States Money Supply M2: Savings Deposits data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KA005: Money Stock, Liquid Assets and Debt Measures: Monthly.

The Eurozone's money supply has experienced significant growth over the past two decades, with the M2 measure reaching approximately 15.6 trillion euros by the end of 2024. This substantial increase from 4.6 trillion euros in 2001 reflects the expanding monetary base in the euro area. However, 2023 marked a notable deviation from this trend, as it was the first year in the observed period where the money supply in the euro area decreased. Components of money supply M2 is a broader measure of money supply that includes cash, checking deposits, and convertible near money. It encompasses the more narrow M1 measure, which consists of the most liquid components, such as currency in circulation and overnight deposits. As of December 2024, the Eurozone's M1 money supply stood at 10.57 trillion euros, while M2 reached 15.6 trillion euros. These figures are used by central banks to forecast inflation and interest rates, playing a crucial role in shaping monetary policy. Comparison with other regions While the Eurozone has seen steady growth in its money supply, other major economies have experienced their own unique trajectories. In the United States, for instance, the M2 money supply reached 20.86 trillion U.S. dollars in 2023, showing a slight decrease from the previous year. Both the Eurozone and the U.S. saw exceptional increases in their money supply during 2020, largely due to quantitative easing measures implemented in response to the COVID-19 pandemic. This global economic event had a profound impact on monetary policies across different regions, influencing the money supply dynamics worldwide.

Money Supply M1 in the United States increased to 18531.30 USD Billion in February from 18464 USD Billion in January of 2025. This dataset provides - United States Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real M2 Money Stock (M2REAL) from Jan 1959 to Feb 2025 about M2, monetary aggregates, real, and USA.

United States Money Supply M2: sa: Small Time Deposits: Thrifts data was reported at 112.000 USD bn in Oct 2018. This records an increase from the previous number of 110.000 USD bn for Sep 2018. United States Money Supply M2: sa: Small Time Deposits: Thrifts data is updated monthly, averaging 296.800 USD bn from Jan 1959 (Median) to Oct 2018, with 718 observations. The data reached an all-time high of 624.000 USD bn in Aug 1989 and a record low of 2.300 USD bn in May 1959. United States Money Supply M2: sa: Small Time Deposits: Thrifts data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KA005: Money Stock, Liquid Assets and Debt Measures: Monthly.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest 0.9 trillion U.S. dollars at the end of 2007, it ballooned to approximately 6.76 trillion U.S. dollars by March 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached eight percent in 2022, the highest since 1991. However, by November 2024, inflation had declined to 2.7 percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at 5.33 percent in August 2023, before the first rate cut since September 2021 occurred in September 2024. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of 114.3 billion U.S. dollars, a stark contrast to the 58.84 billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over 281 billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of 174.53 billion U.S. dollars in the same year.

The U.S. M1 money supply reached 18.43 trillion dollars in 2024, showing a modest increase from the previous year. While M1 grew gradually between 2000 and 2019, it experienced an unprecedented surge in 2020 due to the Federal Reserve's quantitative easing response to the COVID-19 pandemic. The most dramatic spike occurred in May 2020, when M1 jumped from 4.8 to 16.2 trillion dollars - more than tripling in a single month.

United States Money Supply M2: Small Time Deposits: Banks data was reported at 407.600 USD bn in Oct 2018. This records an increase from the previous number of 397.300 USD bn for Sep 2018. United States Money Supply M2: Small Time Deposits: Banks data is updated monthly, averaging 382.800 USD bn from Jan 1959 (Median) to Oct 2018, with 718 observations. The data reached an all-time high of 1,082.400 USD bn in Dec 2008 and a record low of 8.800 USD bn in Dec 1959. United States Money Supply M2: Small Time Deposits: Banks data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KA005: Money Stock, Liquid Assets and Debt Measures: Monthly.

Graph and download economic data for Total Non-M1 M2 (DISCONTINUED) (NONM1) from 1975-01-06 to 2021-02-01 about M2, monetary aggregates, and USA.

The Eurozone's broad money supply, known as M3, reached a staggering 16.7 trillion euros by December 2024, marking a significant milestone in the region's monetary landscape. This figure represents the culmination of a steady upward trend observed over more than two decades, reflecting the expanding monetary base in the euro area. The growth in M3, which encompasses various forms of liquid assets, provides crucial insights into the overall economic health and monetary policy effectiveness within the Eurozone. Components and comparisons M3 is composed of several elements, including the narrower measures M1 and M2. As of December 2024, the Eurozone's M1 money supply, consisting of the most liquid assets, stood at 10.57 trillion euros. Meanwhile, M2 money supply, which includes M1 plus short-term deposits, reached approximately 15.6 trillion euros. These figures are instrumental for central banks in forecasting inflation and interest rates, guiding monetary policy decisions. Recent trends and global context While the Eurozone's money supply has generally trended upward, 2023 marked a notable deviation as the first year in the observed period where the money supply decreased. This shift mirrors similar trends in other major economies, such as the United States, where both M1 and M2 measures experienced slight decreases in 2023 compared to the previous year. These changes follow exceptional increases in 2020 across various regions, largely attributed to quantitative easing measures implemented in response to the COVID-19 pandemic.

In 2019, the M3 money supply in the United States amounted to approximately 15.32 trillion U.S. dollars. M3 money supply includes M2 as well as long-term deposits, institutional money market funds, short-term repurchase agreements, and larger liquid assets