Value of M1 money supply in the U.S. 2000-2024
- ai-chatbox.pro
- statista.com
Updated Sep 11, 2024
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EmailClick to copy linkLink copiedCiteStatista Research Department (2024). Value of M1 money supply in the U.S. 2000-2024 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F11586%2Fcentral-banks%2F%23XgboD02vawLYpGJjSPEePEUG%2FVFd%2Bik%3DDataset updatedSep 11, 2024AuthorsStatista Research DepartmentArea coveredUnited StatesDescriptionThe 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.
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FacebookTwitterEmailThe 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.