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Reading between the Lines? Textual Analysis of Central Bank Communications: A speech at the Macroeconomics and Monetary Policy Conference, Federal Reserve Bank of San Francisco, San Francisco, California., February 21, 2025

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  • Philip N. Jefferson

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  • Philip N. Jefferson, 2025. "Reading between the Lines? Textual Analysis of Central Bank Communications: A speech at the Macroeconomics and Monetary Policy Conference, Federal Reserve Bank of San Francisco, San Francisco, California., February 21, 2025," Speech 99608, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgsq:99608
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    File URL: https://www.federalreserve.gov/newsevents/speech/files/jefferson20250221a.pdf
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    References listed on IDEAS

    as
    1. Paul E. Soto, 2023. "Measurement and Effects of Supply Chain Bottlenecks Using Natural Language Processing," FEDS Notes 2023-02-06, Board of Governors of the Federal Reserve System (U.S.).
    2. Bastian von Beschwitz & Donald B Keim & Massimo Massa, 2020. "First to “Read” the News: News Analytics and Algorithmic Trading," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 10(1), pages 122-178.
    3. Hanson, Samuel G. & Stein, Jeremy C., 2015. "Monetary policy and long-term real rates," Journal of Financial Economics, Elsevier, vol. 115(3), pages 429-448.
    4. Olivier Coibion & Yuriy Gorodnichenko & Michael Weber, 2022. "Monetary Policy Communications and Their Effects on Household Inflation Expectations," Journal of Political Economy, University of Chicago Press, vol. 130(6), pages 1537-1584.
    5. Olivier Dessaint & Thierry Foucault & Laurent Fresard, 2024. "Does Alternative Data Improve Financial Forecasting? The Horizon Effect," Journal of Finance, American Finance Association, vol. 79(3), pages 2237-2287, June.
    6. Ben S. Bernanke & Kenneth N. Kuttner, 2005. "What Explains the Stock Market's Reaction to Federal Reserve Policy?," Journal of Finance, American Finance Association, vol. 60(3), pages 1221-1257, June.
    7. Gardner, Ben & Scotti, Chiara & Vega, Clara, 2022. "Words speak as loudly as actions: Central bank communication and the response of equity prices to macroeconomic announcements," Journal of Econometrics, Elsevier, vol. 231(2), pages 387-409.
    8. Gómez-Cram, Roberto & Grotteria, Marco, 2022. "Real-time price discovery via verbal communication: Method and application to Fedspeak," Journal of Financial Economics, Elsevier, vol. 143(3), pages 993-1025.
    9. Mark Gertler & Peter Karadi, 2015. "Monetary Policy Surprises, Credit Costs, and Economic Activity," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(1), pages 44-76, January.
    10. Alan S. Blinder, 2018. "Through a Crystal Ball Darkly: The Future of Monetary Policy Communication," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 567-571, May.
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