FEDS Note: New Forms of Money and the U.S. Monetary Aggregates

FEDS Note: New Forms of Money and the U.S. Monetary Aggregates →

Kristen Payne and Mary-Frances Styczynski The money supply is defined as a group of safe assets with stable values that households and businesses can use to make payments or to hold as short-term investments. In the U.S., the Federal Reserv…