MCI

MCI stands for Monetary Conditions Index

A Monetary Conditions Index (MCI) is an index number calculated from a linear combination of the short-run interest rate and the exchange rate.

Papers

 * Eleni Angelopoulou, Hiona Balfoussia and Heather Gibson, Building a financial conditions index for the euro area and selected euro area countries, ECB, Working papers series No 1541, May 2013.