M2 increased 1.99% in June. This is the second month of fast growth, but the June figure was below the 2.31% increase in June 2014, so yoy M2 growth slowed to 10.24%.
M2 in November 2014 was below its June 2014 level, so the next several months are favorable comparisons yoy.
Lightspeed Doom-Scroll
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FEEDTwo minutes will manage to address any optimism you have left.
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