Birdwatch Note Rating
2023-05-13 14:58:23 UTC - HELPFUL
Rated by Participant: 058FA70E2B574423054F719D1973929E11D6DF29E8589DBE8C47D2A125BF5F94
Participant Details
Original Note:
Much of the increase in M1 money supply was due to a change in how M1 is calculated in May 2020. M2, a broader classification of money supply, has not increased as much. See #5 under “H.6 Statistical Release Changes Announced on December 17, 2020” https://www.federalreserve.gov/releases/h6/h6_technical_qa.htm M1: https://fred.stlouisfed.org/series/M1SL M2: https://fred.stlouisfed.org/series/WM2NS
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