M2, Alternate Definition 4 for Canada
MAM2A4CAM189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,000,731,000,000.00
Year-over-Year Change
7.74%
Date Range
1/1/1968 - 4/1/2017
Summary
The M2, Alternate Definition 4 for Canada tracks a broad measure of the Canadian money supply, including cash, checkable deposits, and less liquid savings instruments. This metric is closely monitored by economists and policymakers to assess economic conditions and inflationary pressures.
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 M2, Alternate Definition 4 for Canada is a comprehensive measure of the Canadian money supply that includes cash, checking accounts, savings accounts, and other highly liquid assets. It provides a broader view of monetary trends compared to narrower measures like M1.
Methodology
The data is collected and calculated by the Bank of Canada based on reports from financial institutions.
Historical Context
The M2 trend is a key input for the Bank of Canada's monetary policy decisions and economic analysis.
Key Facts
- M2 is a broader measure of the money supply than the more narrow M1 metric.
- The M2 definition includes cash, checking accounts, and less liquid savings instruments.
- The M2 trend is a closely watched indicator of economic conditions and inflation in Canada.
FAQs
Q: What does this economic trend measure?
A: The M2, Alternate Definition 4 for Canada measures a broad aggregate of the Canadian money supply, including cash, checking accounts, and other highly liquid savings and investment products.
Q: Why is this trend relevant for users or analysts?
A: The M2 trend provides valuable insights into the overall liquidity and monetary conditions in the Canadian economy, which is crucial information for policymakers, economists, and financial market participants.
Q: How is this data collected or calculated?
A: The Bank of Canada collects the data from reports submitted by financial institutions and calculates the M2 aggregate.
Q: How is this trend used in economic policy?
A: The M2 trend is a key input for the Bank of Canada's monetary policy decisions, as it helps assess economic conditions and inflationary pressures in the country.
Q: Are there update delays or limitations?
A: The M2 data is published by the Bank of Canada on a monthly basis, with a typical lag of around 2-3 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, M2, Alternate Definition 4 for Canada (MAM2A4CAM189S), retrieved from FRED.