The KCFSI suggests financial stress moderately increased in March, nearing its historical average

The Kansas City Financial Stress Index (KCFSI) moderately increased from -0.27 in February to -0.04 in March.

April 13, 2022

Banking and Finance

Macroeconomics

Kansas City Financial Stress Index

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The Kansas City Financial Stress Index (KCFSI) moderately increased from -0.27 in February to -0.04 in March, approaching its historical average.

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Historical Real-time Data

About KCFSI

The Kansas City Financial Stress Index (KCFSI) is a monthly measure of stress in the U.S. financial system based on 11 financial market variables.

A positive value indicates that financial stress is above the long-run average, while a negative value signifies that financial stress is below the long-run average. Another useful way to assess the current level of financial stress is to compare the index to its value during past, widely recognized episodes of financial stress.

Financial Stress: What Is It, How Can It Be Measured, and Why Does It Matter?
By Craig S. Hakkio and William R. Keeton

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