狭义的货币供应量 narrowly defined money supply 本地货币供应量；国内货币供应 domestic money supply; supply ..
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央行控制着控制着狭义货币供应量，这被称作基础货币——通常是流通货币加上商业银行和中央银行的贮备货币。
Central Banks control the narrowest measure of the money supply, called the monetary base-typically, currency plus the reserves that commercial Banks hold with the central bank.
另一方面，短期利率的低迷也刺激了货币供应量的扩张，狭义货币总量M1的增长尤为迅速。
On the other hand, the low level of short-term interest rates has tended to stimulate monetary expansion, reflected particularly in the increase in the narrow aggregate M1.
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