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BRIEFLY

February 05, 1988

The nation's basic money supply jumped $4.9 billion in late January, the Federal Reserve Board reported. The rise exceeded analysts' expectations, but it had no sizable impact on the credit markets. The Fed said M1 rose to a seasonally adjusted $766.3 billion in the week ended Jan. 25 from a revised $761.4 billion the previous week, originally reported as $761.5 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks.

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