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: