AI Data Insight
According to the latest data, the US M2 money supply climbed to 22,971.7 billion USD in April 2026 (Q2 2026), a slight increase of 35.5 billion USD from the previous month. Although the Federal Reserve maintains a tightening stance, massive government fiscal spending continues to inject liquidity into the market, driving demand for inflation-hedging assets such as gold. In the medium term, the high-liquidity environment may cause inflation risks to become further entrenched.