AI Data Insight
The US Q2 2026 seasonally adjusted M2 money supply reached $22,804.5 billion, continuing to expand from $22,686.0 billion in the previous period of Q1 2026, setting a new historical record. While the Federal Reserve maintains a wait-and-see policy stance, the unexpectedly high money supply is supported by money market funds and deposits. Although the abundant capital is beneficial to the short-term economy, it also makes the market cautious about a potential inflation rebound and the interest rate path.