Skip to main content
Loading market data...

Chicago Fed National Financial Conditions Index

A weekly gauge of US financial conditions from 105 measures. Zero is average.

Latest
−0.50
week to 16 Oct 2026
Previous
−0.50
week to 9 Oct 2026
Change
+0.01
From the previous reading
Frequency
Weekly
History from week to 8 Jan 1971
General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Chicago Fed National Financial Conditions Index

A weekly gauge of US financial conditions from 105 measures. Zero is average.

Shaded: US recessions (NBER)
Chicago Fed NFCI: −0.50 in the week to 16 Oct 2026 (previous −0.50 in the week to 9 Oct 2026). Since week to 28 Oct 2016 the low was −0.70 (week to 4 Jun 2021) and the high 0.31 (week to 3 Apr 2020).
Chicago Fed NFCI
−0.50
week to 16 Oct 2026 · change +0.01
Data table
Latest observations: Chicago Fed National Financial Conditions Index
Period Chicago Fed NFCI
week to 16 Oct 2026 −0.50
week to 9 Oct 2026 −0.50
week to 2 Oct 2026 −0.51
week to 25 Sep 2026 −0.52
week to 18 Sep 2026 −0.53
week to 11 Sep 2026 −0.54
week to 4 Sep 2026 −0.54
week to 28 Aug 2026 −0.55
week to 21 Aug 2026 −0.55
week to 14 Aug 2026 −0.55
week to 7 Aug 2026 −0.55
week to 31 Jul 2026 −0.54

About this indicator

What it measures
Conditions in money markets, debt and equity markets and the banking system, from 105 measures of risk, credit and leverage.
How it is calculated
Estimated by the Federal Reserve Bank of Chicago with a dynamic factor model; zero is the average since 1971 and the unit is one standard deviation.
How to read it
Positive values mean tighter-than-average financial conditions; negative values mean looser.
Caveats
The whole history is re-estimated every week, so past values change often. Those changes show up in the revisions log.
Frequency
Weekly
Typical release
Weekly on Wednesday at 8:30 a.m. Eastern time, for the week ending the previous Friday.

Sources

  • Chicago Fed National Financial Conditions Index FRED series NFCI · Index 2,911 observations stored (8 Jan 1971 to 16 Oct 2026) · updated at source 21 Oct 2026 · the latest update attempt did not succeed, so stored values are shown View at the source (opens in a new tab)

Recent observations

Newest first. For a calculated figure, the source value it comes from is shown beside it.

Recent observations: Chicago Fed National Financial Conditions Index
Period Chicago Fed NFCI First recorded here
week to 16 Oct 2026 −0.50 21 Oct 2026
week to 9 Oct 2026 −0.50 20 Oct 2026
week to 2 Oct 2026 −0.51 20 Oct 2026
week to 25 Sep 2026 −0.52 20 Oct 2026
week to 18 Sep 2026 −0.53 20 Oct 2026
week to 11 Sep 2026 −0.54 20 Oct 2026
week to 4 Sep 2026 −0.54 20 Oct 2026
week to 28 Aug 2026 −0.55 20 Oct 2026
week to 21 Aug 2026 −0.55 20 Oct 2026
week to 14 Aug 2026 −0.55 20 Oct 2026
week to 7 Aug 2026 −0.55 20 Oct 2026
week to 31 Jul 2026 −0.54 20 Oct 2026
week to 24 Jul 2026 −0.54 20 Oct 2026
week to 17 Jul 2026 −0.53 20 Oct 2026
week to 10 Jul 2026 −0.53 20 Oct 2026
week to 3 Jul 2026 −0.52 20 Oct 2026
week to 26 Jun 2026 −0.51 20 Oct 2026
week to 19 Jun 2026 −0.51 20 Oct 2026
week to 12 Jun 2026 −0.51 20 Oct 2026
week to 5 Jun 2026 −0.51 20 Oct 2026
week to 29 May 2026 −0.51 20 Oct 2026
week to 22 May 2026 −0.51 20 Oct 2026
week to 15 May 2026 −0.51 20 Oct 2026
week to 8 May 2026 −0.51 20 Oct 2026

Revisions

We record a revision when a value we already hold changes at the source. Tracking began on 20 Oct 2026, so revisions made before then are not shown, and figures are in the source's own units.

Revisions: Chicago Fed National Financial Conditions Index
Period Previous value Revised value Change Detected
week to 9 Oct 2026 -0.499 -0.502 −0.003
week to 2 Oct 2026 -0.507 -0.508 −0.001
week to 25 Sep 2026 -0.517 -0.518 −0.001
week to 18 Sep 2026 -0.527 -0.528 −0.001
week to 11 Sep 2026 -0.536 -0.537 −0.001
week to 4 Sep 2026 -0.543 -0.544 −0.001
week to 28 Aug 2026 -0.547 -0.549 −0.002
week to 21 Aug 2026 -0.549 -0.551 −0.002
week to 14 Aug 2026 -0.547 -0.55 −0.003
week to 7 Aug 2026 -0.544 -0.547 −0.003
week to 31 Jul 2026 -0.539 -0.543 −0.004
week to 24 Jul 2026 -0.534 -0.538 −0.004
week to 17 Jul 2026 -0.528 -0.531 −0.003
week to 10 Jul 2026 -0.522 -0.526 −0.004
week to 3 Jul 2026 -0.516 -0.519 −0.003
week to 26 Jun 2026 -0.51 -0.514 −0.004
week to 19 Jun 2026 -0.506 -0.51 −0.004
week to 12 Jun 2026 -0.504 -0.508 −0.004
week to 5 Jun 2026 -0.505 -0.509 −0.004
week to 29 May 2026 -0.506 -0.509 −0.003
week to 22 May 2026 -0.507 -0.511 −0.004
week to 15 May 2026 -0.508 -0.511 −0.003
week to 8 May 2026 -0.507 -0.51 −0.003
week to 1 May 2026 -0.502 -0.505 −0.003
week to 24 Apr 2026 -0.495 -0.497 −0.002
week to 17 Apr 2026 -0.485 -0.487 −0.002
week to 10 Apr 2026 -0.474 -0.475 −0.001
week to 3 Apr 2026 -0.464 -0.465 −0.001
week to 27 Mar 2026 -0.459 -0.46 −0.001
week to 20 Mar 2026 -0.463 -0.464 −0.001
week to 13 Mar 2026 -0.472 -0.474 −0.002
week to 6 Mar 2026 -0.487 -0.49 −0.003
week to 27 Feb 2026 -0.506 -0.509 −0.003
week to 20 Feb 2026 -0.525 -0.528 −0.003
week to 13 Feb 2026 -0.541 -0.545 −0.004
week to 6 Feb 2026 -0.554 -0.559 −0.005
week to 30 Jan 2026 -0.563 -0.567 −0.004
week to 23 Jan 2026 -0.566 -0.571 −0.005
week to 16 Jan 2026 -0.564 -0.569 −0.005
week to 9 Jan 2026 -0.558 -0.562 −0.004
week to 2 Jan 2026 -0.547 -0.551 −0.004
week to 26 Dec 2025 -0.535 -0.539 −0.004
week to 19 Dec 2025 -0.524 -0.527 −0.003
week to 12 Dec 2025 -0.515 -0.519 −0.004
week to 5 Dec 2025 -0.51 -0.513 −0.003
week to 28 Nov 2025 -0.507 -0.51 −0.003
week to 21 Nov 2025 -0.505 -0.508 −0.003
week to 14 Nov 2025 -0.506 -0.509 −0.003
week to 7 Nov 2025 -0.508 -0.511 −0.003
week to 31 Oct 2025 -0.511 -0.514 −0.003

United States · Financial stress

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

Catalyst evidence

Loading…

Loading evidence…

Supporting sources

    Skip to main content

    All resources and tools

    Market ticker

    Markets

    Research

    Tools

    My investments

    Account

    Region and currency

    Colour theme