Usually, the currency and central bank deposits that together provide the base for the money supply under fractional reserve banking. Also defined as the central bank assets the acquisition of which creates this monetary base by injecting domestic money into the economy. The latter definition usually includes international reserves and domestic credit. By either definition, the monetary base changes as a result ofopen market operations and exchange market intervention.
Related information about monetary base:
- Monetary base - Wikipedia, the free encyclopedia
In economics, the monetary base (also base money, money base, high-powered money, reserve money, or, in the UK, narrow money) is a term relating to (but ...
- Monetary Base Definition | Investopedia
The total amount of a currency that is either circulated in the hands of the public or in the commercial bank deposits held in the central bank's reserves.
- St. Louis Adjusted Monetary Base (BASE) - FRED - St. Louis Fed
Series: BASE, Bil. of $, Bi-Weekly, Ending Wednesday, 1984-02-15 to 2012-11- 14, SA, FRED: Download, graph, and track economic data. Tags: bi-weekly ...
- Greg Mankiw's Blog: The Monetary Base is exploding. So what?
Dec 28, 2009 ... "The nation's exploding monetary base is a harbinger of inflation." Is this right? Probably not. It is true that the monetary base is exploding.
- Monetary Base and Money Supply
Annual Growth and Money Stock Levels Since 2006 (Scroll down for longer term charts). Chart of U.S M3 Money Supply · Chart of U.S M2 Money Supply ...
- The Monetary Base
Today the monetary base is created in the form of inconvertible notes issued by the Federal Reserve, and bank credits at the Fed which can be exchanged for ...
- Monetary base: Definition from Answers.com
Monetary Base Sum of reserve accounts of financial institutions at Federal Reserve Banks, currency in circulation (currency held by the public and in the.
- FRB: H.3 Release--Aggregate Reserves of Depository Institutions ...
Nov 23, 2012 ... Reserves and monetary base figures incorporate adjustments for ... The seasonally adjusted, break-adjusted monetary base consists of (1) ...