U.S. M-1 MONEY SUPPLY FALLS 600 MLN DLRS
U.S. M-1 money supply fell 600 mln
dlrs to a seasonally adjusted 738.0 billion dlrs in the March 2
week, the Federal Reserve said.
    The previous week's M-1 level was revised to 738.6 billion
dlrs from 738.5 billion, while the four-week moving average of
M-1 rose to 737.1 billion dlrs from 736.8 billion.
    Commenting on February growth of the broader monetary
aggregates, the Fed said that M-2 fell 1.6 billion dlrs, while
M-3 rose three billion. Economists polled by Reuters had
projected a 900 mln dlr fall in M-1, a 1.8 billion dlr drop in
M-2 and no change in M-3.
 Reuter
