Discussion Paper
Using Generative AI Models to Understand FOMC Monetary Policy Discussions
Dunn, Wendy E.; Meade, Ellen E.; Sinha, Nitish R.; Kabir, Raakin (2024-12-06)
In an era increasingly shaped by artificial intelligence (AI), the public’s understanding of economic policy may be filtered through the lens of generative AI models (also called large language models or LLMs). Generative AI models offer the promise of quickly ingesting and interpreting large amounts of textual information.
FEDS Notes , Paper 2024-12-06-1