M2 Money Supply
A broad measure of the money supply including cash, checking deposits, savings, and money market funds. The current value of $22,667.3B is near the high end of its 10-year range, based on available data over the past 10 years. (Source: FRED)
Current Value
$22,667.3B
Previous
$22,667.3B
Source: FRED (M2SL) | Frequency: monthly | Last updated: April 9, 2026
What This Means for You
The M2 Money Supply is currently at $22,667.3B. Changes in this indicator can affect related areas of the economy including consumer spending, business investment, and policy decisions. (Source: FRED)
10-Year History
Historical Context
Over the past 10 years, the M2 Money Supply has ranged from a low of $12,802B in May 2016 to a high of $22,667.3B in February 2026, with an average of approximately $18,191.4B. The current value of $22,667.3B is near the high end of its 10-year range. (Source: FRED via FRED)
Related Money Indicators
The M2 Money Supply is part of the money category. Related indicators include: Monetary Base (currently $5,388B). M2 money supply includes cash, checking deposits, savings accounts, and money market funds, representing the broad pool of money available in the economy. The monetary base is narrower, covering only currency in circulation and bank reserves at the Fed. Rapid M2 growth has historically been associated with inflationary pressure, though the relationship has become less reliable in recent decades. Changes in M2 can reflect Fed policy actions (quantitative easing or tightening). (Source: Federal Reserve via FRED)
What to Watch
Economists and analysts monitor the M2 Money Supply for trend changes that may signal shifts in economic conditions. This data is released monthly and is subject to revision. Changes in this indicator can ripple through related areas of the economy. Historical patterns do not guarantee future outcomes. (Source: FRED)
Limitations of This Data
This data is released monthly and reflects conditions as of the most recent reporting period. Economic data is frequently revised as more complete information becomes available; initial releases may differ significantly from final figures. This indicator measures one dimension of the economy and should be considered alongside other data for a more complete picture. (Source: FRED)
Explore Further
Data Sources
EconGrader is not an investment advisor or financial advisor. This content is for educational and informational purposes only. Economic data reflects past and present conditions and does not predict future outcomes. All data is sourced from federal government agencies and updated automatically. This site does not provide investment, tax, legal, or accounting advice.