Inflation

Increase in consumer good prices and decrease in purchasing power.

Interbank Rates

Foreign exchange rates that large international banks quote each other.

ISM Manufacturing Index

Monthly index released by the Institute of Supply Management that evaluates the US manufacturing sector by tracking the amount of manufacturing activity for the previous month. Value over 50 indicates economic growth – values are in between 0 to 100.

ISM Non-Manufacturing Index

Monthly index based on more than 400 surveys of non-manufacturing firms by the Institute of Supply Management. Values over 50 indicate growth in the non-manufacturing sector.