The Cleveland Financial Stress Index
Economic Commentary, No. 2012-14, March 21, 2012
4 Pages Posted: 4 Apr 2013 Last revised: 8 Apr 2013
Date Written: March 21, 2012
Abstract
To promote stability in a dynamic financial system, supervisors must monitor the system for risks at all times. The Cleveland Fed has developed an index of financial stress, the CFSI, which is designed to track distress in the financial system as it is building. The CFSI will help financial system supervisors monitor and understand the state of financial markets on a real-time basis, and take appropriate regulatory or supervisory action as necessary.
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