U.S. M2 Money Supply Growth Rebounds

Following 19 consecutive months of contraction, U.S. M2 money supply growth turned positive in November 2023. By December 2024, it had risen to 3.9% year-over-year and 0.87% month-over-month. However, this remains below the long-term average growth rate of 6.4% from 2000 to 2024.