AI Data Insight
The US money supply (M2) climbed to 23,157.6 billion USD in Q3 2026, continuing its expansion from 23,124.5 billion USD in Q2 and setting a new historical record. The M2 growth rate hit a nearly four-year high, reflecting exceptionally abundant market liquidity. Institutions point out that this may exacerbate the difficulty for the Federal Reserve to achieve its 2% inflation target, while simultaneously driving safe-haven demand for assets such as gold and cryptocurrencies.