Monetary Aggregates and Their Components: Broad Money and Components: M3 for Israel

MABMM301ILM189S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,817,384,000,000.00

Year-over-Year Change

1.90%

Date Range

12/1/1982 - 10/1/2023

Summary

The M3 monetary aggregate measures a broad range of money supply in Israel, including cash, checking accounts, and other liquid assets. It provides insight into the overall liquidity and growth of the Israeli economy.

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

M3 is a comprehensive measure of the Israeli money supply, encompassing cash, checking deposits, savings accounts, and other highly liquid financial instruments. It is a key indicator used by economists and policymakers to assess monetary conditions and guide monetary policy decisions.

Methodology

The data is collected and calculated by the Bank of Israel based on reporting from financial institutions.

Historical Context

M3 trends are closely monitored by the Bank of Israel and international organizations to understand the inflationary pressures and growth dynamics within the Israeli economy.

Key Facts

  • M3 includes cash, checking deposits, savings accounts, and other liquid assets.
  • M3 growth is a key indicator of inflationary pressures in the Israeli economy.
  • The Bank of Israel closely monitors M3 trends to guide monetary policy decisions.

FAQs

Q: What does this economic trend measure?

A: The M3 monetary aggregate measures a broad range of money supply in Israel, including cash, checking accounts, and other highly liquid financial assets.

Q: Why is this trend relevant for users or analysts?

A: M3 is a comprehensive indicator of the overall liquidity and growth dynamics within the Israeli economy, making it a crucial metric for economists and policymakers.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Bank of Israel based on reporting from financial institutions.

Q: How is this trend used in economic policy?

A: M3 trends are closely monitored by the Bank of Israel and international organizations to understand inflationary pressures and guide monetary policy decisions.

Q: Are there update delays or limitations?

A: The M3 data is published regularly by the Bank of Israel, though there may be slight delays in reporting compared to some other economic indicators.

Related Trends

Citation

U.S. Federal Reserve, Monetary Aggregates and Their Components: Broad Money and Components: M3 for Israel (MABMM301ILM189S), retrieved from FRED.