AI Data Insight
The US M1 money supply annual growth rate recorded 4.22% in November, expanding further from the previous 4.02%, indicating that market liquidity had already turned loose before the Federal Reserve formally stopped quantitative tightening (QT) in December. With the benchmark interest rate lowered to the 3.5%-3.75% range, corporate and household capital demand has stabilized, and money supply is expected to return to a long-term stable growth trajectory in 2026.