JCER Financial Stress Index is 0.056, released on November 7, 2023
－BOJ relaxes yield curve control, Fed's rate-hike phase expected to end
－Financial stress maintains a low level since the yen's depreciation is stopped due to narrowing interest rate difference between Japan and the U.S.
2023/11/07
The JCER Financial Stress Index for Japan is an indicator based on daily market data to capture the rise of financial systemic risk, which could cause a malfunction of the entire financial system an
>Read more- 2023/11/07
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JCER Financial Stress Index is 0.056, released on November 7, 2023
－BOJ relaxes yield curve control, Fed's rate-hike phase expected to end
－Financial stress maintains a low level since the yen's depreciation is stopped due to narrowing interest rate difference between Japan and the U.S. - 2023/09/25
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JCER Financial Stress Index is 0.050, released on September 25, 2023
－BOJ continues with current monetary easing, Fed leaves interest rates unchanged but expects an additional hike before the end of the year
－Financial stress remains a low level with the yen slowly weakening and stock prices remaining at high levels - 2023/07/31
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JCER Financial Stress Index is 0.064, released on July 31, 2023
－ Both of central banks in the U.S. and Euro area hiked interest rate, BOJ also made YCC policy more flexible and raise the upper bound of long-term interest rate
－ Financial stress maintains a low level as weakening yen and high stock prices are maintained, but uncertainty about outlook still remains - 2023/06/26
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JCER Financial Stress Index is 0.076, released on June 26, 2023
－ TOPIX keeps at its highest level in about 33 years and financial stress remains a low level
－ Banking stocks are steady on expectations of an early revision of the BOJ's easing policy, while the yen depreciates at its weakest level in about seven months - 2023/05/29
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JCER Financial Stress Index is 0.109, released on May 29, 2023
－ TOPIX is at its highest level in about 33 years since the bubble period and financial stress keeps a low level
－ While Japanese yen was weakening due to the widening interest rate differential, the U.S. debt ceiling issue reached a tentative agreement to avert a default on U.S. Treasuries - 2023/04/24
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JCER Financial Stress Index is 0.096, released on April 24, 2023
－ Anxiety about the financial system in the U.S. and Europe receded, stock prices rose, and financial stress declined
－ Most economists expect policy to be maintained the status quo at the first meeting under new Governor Ueda - 2023/03/27
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JCER Financial Stress Index is 0.135, released on March 27, 2023
－ A string of U.S. bank failures has sparked Europe as well
－ Wary of financial system instability remained deep-rooted, and financial stress rose to a level not seen since July 2020
