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Money and Financial Markets

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Growth in the broad monetary aggregates accelerated sharply in January. Annualized year-to-date M2 growth reached 10.2% and annualized year-to-date M3 growth hit a remarkable 13.2%. The annualized monthly changes for these aggregates were the largest posted in the last 10 years (13.1% and 17.9%, respectively).

Suggested citation: "Money and Financial Markets," Federal Reserve Bank of Cleveland, Economic Trends, no. 01-03, pp. 05-07, 03.01.2001.

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