Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Canada
MANMM101CAM189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,513,408,000,000.00
Year-over-Year Change
-3.69%
Date Range
1/1/1960 - 10/1/2023
Summary
This economic trend measures the components of the Canadian money supply, including M1 and its subcomponents. It is a key indicator for monetary policy analysis and financial market monitoring.
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 Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Canada series tracks the values of different measures of the Canadian money supply, focusing on the M1 aggregate and its underlying components. This data is used by economists, policymakers, and analysts to assess the liquidity conditions and monetary policy stance in the Canadian economy.
Methodology
The data is collected and compiled by the Bank of Canada based on reports from financial institutions.
Historical Context
This trend is closely watched by the Bank of Canada and market participants for insights into monetary policy and economic conditions.
Key Facts
- M1 is a narrow measure of the Canadian money supply.
- The M1 aggregate includes currency in circulation and checkable deposits.
- Changes in M1 can signal shifts in consumer spending and economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the components of the Canadian money supply, including M1 and its subcomponents such as currency in circulation and checkable deposits.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the liquidity conditions and monetary policy stance in the Canadian economy, and is closely watched by policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank of Canada based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: The Monetary Aggregates and Components: M1 for Canada trend is used by the Bank of Canada and other analysts to assess the state of the Canadian money supply and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published by the Bank of Canada on a regular basis, with potential delays or limitations depending on the availability of source information from financial institutions.
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Citation
U.S. Federal Reserve, Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Canada (MANMM101CAM189S), retrieved from FRED.