M1, Alternate Definition 2 for Canada
MAM1A2CAM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
920,386,000,000.00
Year-over-Year Change
11.06%
Date Range
3/1/1975 - 4/1/2017
Summary
The M1, Alternate Definition 2 for Canada measures the Canadian money supply, which is a key indicator of economic activity and inflation. It is closely monitored by policymakers and analysts.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The M1, Alternate Definition 2 for Canada is a monetary aggregate that includes currency outside banks, traveler's checks, demand deposits, and other checkable deposits. It provides a broad measure of the Canadian money supply and is used to analyze economic trends and guide monetary policy.
Methodology
The data is collected and calculated by the Bank of Canada.
Historical Context
The M1 aggregate is a crucial metric for the Bank of Canada in setting interest rates and managing inflation.
Key Facts
- The M1 money supply includes the most liquid forms of money.
- Changes in M1 can signal shifts in consumer spending and economic growth.
- The Bank of Canada uses M1 data to guide its monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The M1, Alternate Definition 2 for Canada measures the Canadian money supply, including currency, traveler's checks, and checkable deposits.
Q: Why is this trend relevant for users or analysts?
A: The M1 money supply is a key indicator of economic activity and inflation, making it crucial for policymakers and analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank of Canada.
Q: How is this trend used in economic policy?
A: The Bank of Canada uses M1 data to guide its monetary policy decisions, such as setting interest rates and managing inflation.
Q: Are there update delays or limitations?
A: The M1 data is regularly updated by the Bank of Canada, with minimal delays.
Related Trends
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Canada
CANCP110000IXNBM
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Canada
NAEXKP04CAQ189S
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Canada
CANCP010000GPQ
Financial Market: Share Prices for Canada
SPASTT01CAA661N
Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Canada
LFWATTTTCAM647S
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for Canada
LFIN24MACAM647S
Citation
U.S. Federal Reserve, M1, Alternate Definition 2 for Canada (MAM1A2CAM189N), retrieved from FRED.