The Federal Reserve Board said its most...

The Federal Reserve Board said its most basic measure of the nation’s money supply (M1) edged up $900 million in the week ended Feb. 1. The Fed said its M1 measure of the money supply rose to a seasonally adjusted $767.4 billion in the week ended Feb. 1 from a revised $766.5 billion the previous week, originally reported as $766.3 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. The Fed also reported on growth in M2 for the whole month of January, saying M2 rose $26.1 billion to $2.921 trillion. M2 is made up of M1 and such accounts as savings deposits and money-market mutual funds.