AI Data Insight
According to the latest data, the annualized quarterly growth rate of the US M2 money supply accelerated to 8.45% in Q2 2026, up from the previous value of 7.52%. Despite the Federal Reserve maintaining its tightening stance, expansionary government fiscal spending has driven a massive increase in broad liquidity, with total M2 exceeding $23 trillion. The market is closely monitoring the potential threat of this liquidity spillover on inflation rebound, as well as its boosting effect on safe-haven assets.