Financial Conditions Dashboard

The Chicago Fed National Financial Conditions Index with the adjusted NFCI, the St. Louis Fed stress index and high-yield and investment-grade credit spreads.

Chicago Fed NFCI, Oct 2, 2026
-0.49
Change vs prior
+0.02
Change vs a year ago
+0.03
5-year high
-0.10
5-year low
-0.65

Chicago Fed NFCI since 2000

Related series

Adjusted NFCI ANFCI -0.50

St. Louis Fed financial stress STLFSI4 -0.72

Source: FRED (Federal Reserve Bank of St. Louis) via the FinzData macro store, latest vintage. Monthly points; daily and weekly series show the last value of each month. Every series here is one API call with point-in-time vintages: c.macro("NFCI", as_of="2026-10-13"). Get a free API key · Explore all dashboards

Think you can call the next print? Join the Release Forecast League: forecast CPI, payrolls and jobless claims against the community, scored minutes after each release.

Common questions

What does the financial conditions index measure?

The financial conditions index measures tightness across credit markets and risk appetite. The Federal Reserve Bank of Chicago publishes it and analysts watch it for stress signals.

Why is the financial conditions index used?

The financial conditions index is used to gauge how easy or hard it is to obtain financing. The Federal Reserve Bank of Chicago release informs policy discussion.

How is the financial conditions index built?

The financial conditions index is built from market prices and spreads by the Federal Reserve Bank of Chicago. The release day updates the chart for monitoring.