Journal Article
The Cleveland financial stress index
Abstract: To promote stability in a dynamic fi nancial system, supervisors must monitor the system for risks at all times. The Cleveland Fed has developed an index of fi nancial stress, the CFSI, which is designed to track distress in the fi nancial system as it is building. The CFSI will help financial system supervisors monitor and understand the state of fi nancial markets on a real-time basis, and take appropriate regulatory or supervisory action as necessary.
Keywords: Bank failures; Systemic risk;
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 2012
Issue: Mar
Order Number: 4