**Positive values = looser financial conditions, negative values = tighter financial conditions
This year, the U.S. has seen looser financial conditions with the index rising the most vs peers, according to the Bloomberg FCI. U.S. FCI +73bps, EU FCI +46bps, UK FCI + 29bps (net change in 2021)
The spread in FCIs between the U.S. and the EU increased this week to 62bps, +27bps in 2021.


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