-
JPMorgan’s AI Puts 25 Years of Fed Speeches Into a Hawk-Dove Score
A week before the Federal Reserve’s next meeting, JPMorgan Chase & Co. unveiled an artificial intelligence-powered model that aims to decipher the central bank’s messaging and uncover potential trading signals. Based off of Fed statements and central-banker speeches going back 25 years, the firm’s economists including Joseph Lupton employed a ChatGPT-based language model to detect the tenor of policy signals, effectively rating them on a scale from easy to restrictive in what JPMorgan is calling the Hawk-Dove Score. Plotting the index against a range of asset performances, the economists found that the AI tool ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 26, 2023 8:26pm Apr 26, 2023 8:26pm
- TimeTells
- Joined Dec 2018 | Status: Member | 13 Comments | Online Now
- Comment #2
- Quote
- Apr 26, 2023 9:17pm Apr 26, 2023 9:17pm
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2555 Comments
Invest in alarm clocks