M0, the narrow measure, rose 1 per cent in January, slightly ahead of market forecasts.

That campaign has focused almost entirely on test scores, which many educators criticize as too narrow a measure of school performance.

And the narrower measure known as M-1 rose $2.1 billion, to $864.9 billion.

By that narrow measure, it is looking better than at any time since 1988.

In 1984 the target was concentrated on Mo, the narrower measure.

Instead the Senate passed a narrower measure to extend jobless benefits for 13 weeks beyond the 26-week limit.

The commission's auction program by that narrow measure alone has been successful.

In the end, bankers were happy to accept a narrow measure to protect insured deposits and call it a day.

German broad money grew by 8.8% in the year to April and its narrow measure expanded by 9.1%.