What is the new definition of M2?
Could you please clarify what the updated definition of M2 entails? I understand that M2 is a monetary aggregate that includes various types of money supply, but I'm curious about the specific changes or additions made to its definition. How does the new M2 differ from the previous version, and what factors or assets have been included or excluded? Understanding the nuances of this new definition is crucial for accurately assessing the overall money supply and its implications on economic activity.