📈 U.S. M2 Money Supply Hits Record $21.9 Trillion in May 2025

The U.S. M2 money supply—comprising cash, checking deposits, and other liquid assets—rose to a record $21.94 trillion (seasonally adjusted) in May 2025, up 4.5% year-over-year. Although below the long-term average annual growth rate of 6.3% (2000–2025), this new peak surpasses the previous high of $21.86 trillion set in March 2022. The upward trend signals a shift away from monetary tightening and continued liquidity expansion, raising concerns over potential inflationary pressures.