Money and Financial Markets
In 2001, the monetary aggregates grew rapidly across the entire spectrum of liquidity. A number of factors combined to produce this surge in growth rates. Because 2001 calendar-year data are available for most of the aggregates, one can summarize their behavior and the driving forces behind their growth.
Suggested citation: "Money and Financial Markets," Federal Reserve Bank of Cleveland, Economic Trends, no. 02-02, pp. 06-07, 02.01.2002.