2023
GPT Deciphering Fedspeak: Quantifying Dissent Among Hawks and Doves
Denis Peskoff, Adam Visokay, Sander V Schulhoff, Benjamin Wachspress, alan blinder, Brandon M. Stewart
EMNLP 2023short findings
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 amon…