AI Data Insight
The seasonally adjusted semi-annual rate of the US M1 money supply for Q3 2026 reported at 7.30%, slowing slightly from the previous Q2 2026 value of 7.74%, yet remaining firmly in expansionary territory. Despite the slight moderation in growth, overall liquidity remains loose, prompting the newly appointed Federal Reserve Chairman Kevin Warsh to even reincorporate money supply into policy evaluations. While abundant funds provide support for risk assets in the short term, they may exacerbate inflation stickiness and the risk of monetary policy tightening in the medium term.