AI Data Insight
The US November M1 seasonally adjusted six-month rate slowed to 3.91% (previous value 4.03%), hitting a new low for the second half of the year, indicating a significant tightening of market liquidity before year-end. This data further corroborates why the Federal Reserve urgently announced the end of quantitative tightening (QT) and the restart of asset purchases in December, with future money supply expected to rebound following the policy pivot.