
Monetary Policy Report submitted to the Congress on February 27, 2008, pursuant to section 2B of the Federal Reserve Act
| Period | Growth rate |
|---|---|
| 1991 | 3.1117 |
| 1992 | 1.7701 |
| 1993 | 1.2654 |
| 1994 | 0.6621 |
| 1995 | 3.8543 |
| 1996 | 4.6110 |
| 1997 | 5.6037 |
| 1998 | 8.3412 |
| 1999 | 6.1076 |
| 2000 | 5.9629 |
| 2001 | 10.1861 |
| 2002 | 6.6916 |
| 2003 | 5.6368 |
| 2004 | 5.3615 |
| 2005 | 4.2162 |
| 2006 | 4.9405 |
| 2007 | 5.9461 |
Note: The data are annual on a fourth-quarter over fourth-quarter basis. M2 consists of currency, traveler's checks, demand deposits, other checkable deposits, savings deposits (including money market deposit accounts), small-denomination time deposits, and balances in retail money market funds.
Source: Federal Reserve Board, Statistical Release H.6, "Money Stock Measures."