In making decisions to adjust the prime interest rate, the Federal Reserve often cites shifts in the ECI as having an effect on its decision-making process. The index is also used in determining annual US government-employee salary adjustments by across-the-board General Schedule adjustments.
The Federal Reserve considers shifts in the Economic Complexity Index (ECI) when deciding on changes to the prime interest rate. This index is also used to determine annual salary adjustments for US government employees, which are made using a system of across-the-board General Schedule adjustments.