AI Data Insight
The latest seasonally adjusted U.S. M1 money supply for Q3 2026 reached 19,886.4 billion USD, continuing its expansion from the previous value of 19,831.5 billion USD, representing a YoY increase of approximately 5.4%. Despite the Federal Reserve maintaining a "restrictive" monetary policy and quantitative tightening (QT), liquidity in the real economy and corporate deposits remains high. The massive pool of funds not only supports short-term consumption and asset prices but also increases the difficulty of subsequent anti-inflation efforts and policy uncertainty.