U.S. | Interpreting the Fedspeak: text analysis on FOMC statements
Published on Thursday, September 29, 2016 | Updated on Thursday, September 29, 2016
U.S. | Interpreting the Fedspeak: text analysis on FOMC statements
Summary
Sentiments in FOMC statements can be used to analyze monetary policymaking. The peak of the uncertain sentiment precedes the Great Recession, making it a potential indicator for the worst scenario. Sentiments in the statements are significantly correlated with VIX and yield spread
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
Authors
Kan Chen