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Commodity price index - Wikipedia, the free encyclopedia (102 words) |
 | A Commodity price index is a fixed-weight index or (weighted) average of selected commodity prices, which may be spot or futures prices. |
| It is designed to be representative of the broad commodity asset class or a specific subset of commodities, such as energy or metals. |
| Commodity Indexes Overview and Analysis by Rogers Raw Materials |
| Monetary policy - Wikipedia, the free encyclopedia (3792 words) |
| Targeting inflation, the price level or other monetary aggregates implies floating exchange rate unless the management of the relevant foreign currencies is tracking the exact same variables (such as a harmonised consumer price index). |
| Price level targeting is similar to inflation targeting except that CPI growth in one year is offset in subsequent years such that over time the price level on aggregate does not move. |
| Something like price level targeting was tried in the 1930s by Sweden, and seems to have contributed to the relatively good performance of the Swedish economy during the Great Depression. |
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