One measure of the money supply that includes M1, plus savings and small time deposits, overnight repos at commercial banks, and non-institutional money market accounts. This is a key economic indicator used to forecast inflation, since it is not as narrow as M1 and still relatively easy to track. All the components of M2 are very liquid, and the non-cash components can be converted into cash very easily.
Related information about broad money:
- Broad money - Wikipedia, the free encyclopedia
In economics, broad money is a measure of the money supply that includes more than just physical money such as currency and coins (also termed narrow ...
- Broad Money Definition | Investopedia
In economics, broad money refers to the most inclusive definition of the money supply. Since cash can be exchanged for many different financial instruments and ...
- Broad money supply | The Economist
Apr 8, 2010 ... Central banks track the growth of “broad money” to help forecast inflation. The exact definition varies between countries, but broad money ...
- What is broad money? definition and meaning
Definition of broad money: One measure of the money supply that includes M1, plus savings and small time deposits, overnight repos at commercial banks, and ...
- Broad money (% of GDP) | Data | Table
Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign ...
- Broad Money Definition from Financial Times Lexicon
Business cash holdings pick up. •. Inflation in China. •. Little confidence in nominal GDP v broad money. See more articles mentioning "broad money" or search ...
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Brief and Straightforward Guide: What is Broad Money?
- World Stock of broad money - Economy
Facts and statistics about the Stock of broad money of World. Updated as of 2012 .