Proceedings of the 44th International ACM SIGIR Conference on Research and Development in Information Retrieval 2021
DOI: 10.1145/3404835.3462785
|View full text |Cite
|
Sign up to set email alerts
|

FedNLP: An Interpretable NLP System to Decode Federal Reserve Communications

Abstract: The Federal Reserve System (the Fed) plays a significant role in affecting monetary policy and financial conditions worldwide. Although it is important to analyse the Fed's communications to extract useful information, it is generally long-form and complex due to the ambiguous and esoteric nature of content. In this paper, we present FedNLP, an interpretable multi-component Natural Language Processing (NLP) system to decode Federal Reserve communications. This system is designed for end-users to explore how NL… Show more

Help me understand this report
View preprint versions

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1

Citation Types

0
3
0

Year Published

2023
2023
2023
2023

Publication Types

Select...
4
2

Relationship

0
6

Authors

Journals

citations
Cited by 6 publications
(4 citation statements)
references
References 21 publications
0
3
0
Order By: Relevance
“…Federated learning (FL) [18,19] is a novel machine learning paradigm that performs learning in a distributed way. In federated learning, the data owner trains the model locally to avoid data leakage of clients.…”
Section: Introductionmentioning
confidence: 99%
“…Federated learning (FL) [18,19] is a novel machine learning paradigm that performs learning in a distributed way. In federated learning, the data owner trains the model locally to avoid data leakage of clients.…”
Section: Introductionmentioning
confidence: 99%
“…Natural Language Processing (NLP) in finance is a growing research area and has attracted considerable attention from both academics and industry. Researchers are seeking to analyze financial sentiment collected from social media (Cortis et al 2017;Chen, Huang, and Chen 2020;Xing et al 2020) or news (Du and Tanaka-Ishii 2020;Lee et al 2021), and combine financial text mining with historical price data for stock market prediction (Sawhney et al 2020). In particular, public mood and financial sentiment play a significant role in investment decisions as is explored in behavioral finance (Griffith, Najand, and Shen 2020;Zaleskiewicz and Traczyk 2020); furthermore, social media messages have been studied as useful resources for detecting sentiment in NLP research (Ge et al 2020).…”
Section: Introductionmentioning
confidence: 99%
“…In recent developments, Embeddings from Language Models (ELMo) (Peters et al, 2018) was introduced to solve the problem of polysemy following an advancement that led to BERT (Devlin et al, 2019) (Chen, 2021;Lee et al, 2021;Mishev et al, 2020;Sonkiya et al, 2021). Sonkiya et al (2021) finds that their Generative Adversarial Network, which uses the sentiment of news and headlines using FinBERT, outperformed traditional time series models like ARIMA.…”
Section: Literature Reviewmentioning
confidence: 99%