U.S. M1 Money Supply Falls as M2 Gains

(CEP News) - M1 Money Supply fell $24.8 billion in the week ending April 7, while M2 increased $9.8 billion, according to figures released from the Federal Reserve Thursday.

The Fed's Treasury holdings fell $12.2 billion to $548.6 billion in the week.

Borrowing by securities firms fell $7.8 billion from the previous week, averaging $24.8 billion in the week.