GPT Deciphering Fedspeak: Quantifying Dissent Among Hawks and Doves

Markets and policymakers around the world hang on the consequential monetary policy decisions made by the Federal Open Market Committee (FOMC). Publicly available textual documentation of their meetings provides insight into members' attitudes about the economy. We use GPT-4 to quantify dissent...

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Veröffentlicht in:	arXiv.org 2024-07
Hauptverfasser:	Peskoff, Denis, Visokay, Adam, Sander Schulhoff, Wachspress, Benjamin, Blinder, Alan, Stewart, Brandon M
Format:	Artikel
Sprache:	eng
Schlagworte:	Attitudes Economic conditions
Online-Zugang:	Volltext
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