M2 growth slowed to 11.3 percent year-on-year, and the 3-month rolling growth rate fell to 5.2 percent.
The rise in M2 lifted the ratio of M2 to reserves to 50:1, or about 13.8 percent reserves to M2 ratio.
Form 8.5 (EPT/RI) - Mattioli Woods
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*FORM 8.5 (EPT/RI)*
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