Leading Indicators OECD: Component Series: Interest Rate Spread: Normalised for Canada
CANLOCOSINOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.95
Year-over-Year Change
-0.38%
Date Range
1/1/1960 - 12/1/2023
Summary
The Leading Indicators OECD: Component Series: Interest Rate Spread: Normalised for Canada tracks the difference between long-term and short-term interest rates in Canada, providing insights into the country's economic conditions.
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
This trend represents the normalized interest rate spread between long-term and short-term government bonds in Canada. It is a leading economic indicator that can signal changes in the business cycle and help predict future economic activity.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
The interest rate spread is closely monitored by policymakers, investors, and analysts to assess the health of the Canadian economy.
Key Facts
- The interest rate spread is a difference between long-term and short-term government bond yields.
- A narrowing spread can signal an economic slowdown, while a widening spread can indicate economic expansion.
- The normalized series adjusts the raw data to a common scale for cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: The Leading Indicators OECD: Component Series: Interest Rate Spread: Normalised for Canada measures the difference between long-term and short-term interest rates in Canada.
Q: Why is this trend relevant for users or analysts?
A: The interest rate spread is a valuable leading indicator that can signal changes in the business cycle and help predict future economic activity in Canada.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: The interest rate spread is closely monitored by policymakers, investors, and analysts to assess the health of the Canadian economy and inform their decision-making.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and any limitations of the OECD's data collection and reporting processes.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: Interest Rate Spread: Normalised for Canada (CANLOCOSINOSTSAM), retrieved from FRED.