Decoding European Central Bank with natural language processing
Decoding European Central Bank with natural language processing
Central banks affect financial markets not only by what they do, but also by what they say.
Natural language processing (NLP) is a powerful tool to systematically extract information and objectively quantify policy signals.
The aim of ECB Speak-o-meter is to quantify the policy stance embedded in ECB monetary policy accounts.
How to cite the data
Vincenzo Farina. ECB Speak-o-meter. Retrieved from: https://www.ecbspeakometer.com