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Federal Reserve Policy Transcripts Dataset
Finance & Banking Analytics
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Free
About
This dataset contains text from Federal Reserve FOMC (Federal Open Market Committee) meeting minutes and statements. It was collected by scraping the Federal Reserve's official website. The dataset provides insights into the central bank's monetary policy decisions and discussions, spanning a specific period of time.
Columns
- Date: The date of the FOMC meeting or statement release, provided in the YYYYMMDD format.
- Type: An indicator for the document type. A value of '0' signifies a statement, while '1' indicates meeting minutes.
- Text: The actual text content of each paragraph from the meeting minutes or statements.
Distribution
The dataset is typically provided in CSV file format. While specific total row or record counts are not detailed, the data contains a substantial volume of text from numerous documents across various dates.
Usage
This dataset is ideal for various analytical and research purposes, including:
- Analysing the sentiment and tone of FOMC meeting minutes and statements over time.
- Identifying key phrases and words that signify shifts in monetary policy.
- Developing natural language processing (NLP) models to forecast future policy decisions based on historical data.
- Investigating the relationship between FOMC meeting minutes/statements and financial market reactions.
Coverage
The dataset primarily covers the activities and discussions of the Federal Reserve's Federal Open Market Committee, making its scope relevant to US economic and financial policy. The data spans a specific, extended period of time, though precise start and end dates are not explicitly detailed in the general description. The listing indicates a global region for the dataset's availability.
License
CCO
Who Can Use It
This dataset is particularly valuable for:
- Economists and financial analysts studying central bank policy and its impact.
- Data scientists and NLP practitioners looking to build models based on financial text data.
- Academic researchers investigating monetary policy, economic trends, and financial markets.
- Journalists reporting on central banking and economic policy.
Dataset Name Suggestions
- Federal Reserve FOMC Documents
- US Monetary Policy Texts
- FOMC Meeting & Statement Archive
- Federal Reserve Policy Transcripts
- Central Bank Monetary Data
Attributes
Original Data Source: Federal Reserve FOMC Minutes & Statements Dataset
QUALITY