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Mind the Shift: Decoding Monetary Policy Stance from FOMC Statements with Large Language Models

Tang, Yixuan et al.
arXiv (All) · Papers
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computation-and-language
Federal Open Market Committee (FOMC) statements are a major source of monetary-policy information, and even subtle changes in their wording can move global financial markets. A central task is therefore to measure the hawkish--dovish stance conveyed in these texts. Existing approaches typically trea
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