NFCI – Chicago Fed National Financial Conditions Index.
It reflects the degree of looseness or tightness of financial conditions in the US, covering credit, bond and equity markets, money markets, banking, and shadow banking. The Chicago Fed states that the NFCI aggregates 105 financial measures; positive values indicate conditions tighter than average, while negative values indicate conditions looser than average.
It reflects the degree of looseness or tightness of financial conditions in the US, covering credit, bond and equity markets, money markets, banking, and shadow banking. The Chicago Fed states that the NFCI aggregates 105 financial measures; positive values indicate conditions tighter than average, while negative values indicate conditions looser than average.