What it answers
NFCI tracks broad U.S. financial conditions from the Chicago Fed.
StressSignal Risk Desk
Definition, latest reading, chart and related paths so you can read the indicator in context.
Disclaimer: this page is for market observation only, not investment advice. Risk note: indicators help you observe market conditions. They are not trading advice. Always add context, events, and position risk.
NFCI tracks broad U.S. financial conditions from the Chicago Fed.
Warming · 1Y percentile 60.8%
If NFCI and STLFSI4 both move higher, consider upgrading the read from equity volatility to system pressure.
Use history to read direction. Do not decide from one point.
NFCI tracks broad U.S. financial conditions from the Chicago Fed.
Indicator updated: June 1, 2026
Update frequency: Weekly
A higher NFCI suggests tighter financial conditions.
If NFCI and STLFSI4 both move higher, consider upgrading the read from equity volatility to system pressure.
It is a weekly signal, best used for trend and zone, not intraday decisions.