The United States' M2 money supply rose by $247.8 billion in May, reaching a record $23.1 trillion. This is the largest monthly increase since May 2021. Since the start of the year, M2 has grown by $698.6 billion, the biggest January‑to‑May expansion in the past five years. The current money supply is $1.3 trillion above the peak recorded in March 2022. Since 2000, the overall money stock has averaged a 6.3% annual growth, indicating an accelerating pace of money creation in the US.