Tag Archives: MPC

what MPC transcripts can inform us about coverage considering – Financial institution Underground

what MPC transcripts can inform us about coverage considering – Financial institution Underground

Dragos Gorduza, Livia Silva Paranhos and Ivan Yotzov Financial coverage choices replicate incoming knowledge, forecasts, and policymaker preferences. On this submit, we use giant language fashions (LLMs) to analyse Financial institution of England Financial Coverage Committee (MPC) transcripts from 2015 to 2017. We extract structured measures of particular person views on inflation and development, and …