Bye-Bye M3, But Why?

By: Douglas R. Gillespie | Mon, Nov 14, 2005
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Last Thursday afternoon, in what legitimately can be described as cryptic fashion, the Federal Reserve announced that commencing in March, it would stop releasing monetary aggregate "M3." Why?

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Douglas R. Gillespie

Author: Douglas R. Gillespie

Douglas R. Gillespie, Sr.
Gillespie Research Associates
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Doug Gillespie oversees his own financial-market and economic consulting firm, Gillespie Research Associates. For a complimentary sample of Dougs material, e-mail him at

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