U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record...

U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels

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Source: Coindesk.com

In August alone, the M2 money supply rose nearly 1%, and the Fed since has trimmed interest rates 50 basis points, with what looks like another 50 basis point rate cut coming in November. Aggressive monetary easing by China and the U.S. Federal Reserve has driven asset price increases, with cryptocurrencies leading the charge since the recent

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The post "U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels" appeared first here Coindesk.com.

Source: Coindesk.com

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