Liquiditymonthly
M2 Money Supply
Broad money supply including cash, checking, savings, and money market funds.
The M2 Money Supply is currently $23B, last updated .
$23B
1W +0.88%1M +0.88%3M +0.88%
Updated 3m agoLiquidity is the oxygen of financial markets. When the Fed expands its balance sheet or the Treasury draws down the TGA, excess reserves flow into risk assets. The reverse repo facility acts as a barometer of surplus cash in the system. Tracking net liquidity, the Fed balance sheet minus TGA and reverse repo, has been one of the strongest macro signals of the post-2020 era.
Updated just now
Recent Data
| Date | Value | Change |
|---|---|---|
| Feb 1, 2026 | $23B | +0.88% |
| Jan 1, 2026 | $22B | +0.37% |
| Dec 1, 2025 | $22B | +0.41% |
| Nov 1, 2025 | $22B | +0.21% |
| Oct 1, 2025 | $22B | +0.36% |
| Sep 1, 2025 | $22B | +0.38% |
| Aug 1, 2025 | $22B | +0.30% |
| Jul 1, 2025 | $22B | +0.37% |
| Jun 1, 2025 | $22B | +0.48% |
| May 1, 2025 | $22B | — |
Related in Liquidity
Fed Balance Sheet
Total assets held by the Federal Reserve, the QE/QT gauge.
Overnight Reverse Repo
ON RRP facility balance, liquidity buffer absorbing QT before reserves drain.
Treasury General Account
Treasury's cash balance at the Fed, drawdowns inject liquidity into markets.
Total Reserves
Total reserves of depository institutions at the Federal Reserve.
Explore Further
Forecast 2026
M2 Money Supply Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
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Comparison
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Comparison
Reverse Repo vs M2 Money Supply
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Comparison
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Comparison
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Comparison
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Scenario
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Category
All Liquidity Data
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Frequently Asked Questions
▶What is M2 Money Supply?
Broad money supply including cash, checking, savings, and money market funds.
▶How does M2 Money Supply relate to liquidity?
M2 Money Supply is part of the Liquidity category. Liquidity is the oxygen of financial markets. When the Fed expands its balance sheet or the Treasury draws down the TGA, excess reserves flow into risk assets. The reverse repo facility acts as a barometer of surplus cash in the system. Tracking net liquidity, the Fed balance sheet minus TGA and reverse repo, has been one of the strongest macro signals of the post-2020 era.
▶How often is M2 Money Supply updated?
M2 Money Supply is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source M2 Money Supply data?
Convex sources M2 Money Supply data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the M2 Money Supply chart page?
The M2 Money Supply page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.