📈 U.S. M2 Money Supply Growth Reaches 3-Year High of 4.8% in July 2025

The U.S. M2 money supply rose 4.8% year over year in July 2025, reaching $22.1 trillion—the fastest pace since July 2022. Although still below the long-term average growth rate of 6.3% (2000–2025), this rebound marks a sharp turnaround from the contraction seen in 2023. In real terms, M2 expanded 2.0% year over year, the strongest growth since February 2022. The acceleration in broad money growth signals shifting monetary conditions, with potential implications for inflation dynamics, credit availability, and overall economic momentum.