Macro Hive expands central bank LLM sentiment indices
We are proud to announce the launch of three new AI-powered central bank sentiment indices, covering the European Central Bank (ECB), the Bank of England (BoE), and the Bank of Japan (BoJ).
0
External
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
These cutting-edge tools build on the success of our Federal Reserve (Fed) sentiment index, offering Pro clients an unparalleled lens into central bank communication.
Revolutionizing Central Bank Sentiment Analysis
Traditional sentiment indices for central bank communications often rely on models like BERT, which are trained solely on sentence-level data. Macro Hive’s approach leverages the latest large language models (LLMs) and incorporates both paragraph- and sentence-level data. This dual-layered methodology captures deeper nuances and context, making it the first of its kind in the domain of central bank sentiment analysis.
“Our new LLM sentiment indices provide investors with a significant edge by extracting more precise signals from central bank communication,” said Bilal Hafeez, Head of Research at Macro Hive. “Our groundbreaking indices lead interest rates and outperform existing sentiment models, and our expansion to the BoE, ECB and BoJ reflects our commitment to delivering tools that push the boundaries of financial analytics.”