Nov 30, 2025
📈 U.S. M2 Money Supply Growth Reaches 39-Month High in October 2025

U.S. M2 money supply grew 4.6% year-over-year in October 2025, reaching $22.3 trillion—the fastest pace since July 2022. While still below the long-term average growth rate of 6.3% (2000–2025) and the combined 5.1% pace of real GDP growth (2.1% in Q2 2025) and inflation (3.0% in September 2025), the rebound marks a shift from post-pandemic monetary tightening toward renewed expansion. This sustained pick-up in liquidity is drawing attention to potential inflationary pressures, evolving credit conditions, and the direction of broader economic momentum.