Monetary conditions index
id:
monetary-conditions-index-195-5862615
title:
Monetary conditions index
text:
In macroeconomics, a monetary conditions index (MCI) is an index number calculated from a linear combination of a small number of economy-wide financial variables deemed relevant for monetary policy. These variables always include a short-run interest rate and an exchange rate. An MCI may also serve as a day-to-day operating target for the conduct of monetary policy, especially in small open economies. Central banks compute MCIs, with the Bank of Canada being the first to do so, beginning in the
brand slug:
wiki
category slug:
encyclopedia
description:
Macroeconomic index number relevant for monetary policy
original url:
https://en.wikipedia.org/wiki/Monetary_conditions_index
date created:
date modified:
2020-10-25T21:34:32Z
main entity:
{"identifier":"Q6899008","url":"https://www.wikidata.org/entity/Q6899008"}
image:
fields total:
13
integrity:
14