Technology

How EconFactor combines NLP on FOMC communications with market data and interactive visualization.

Flask ECharts Pandas FinBERT Monthly data
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Model

Using a fine-tuned FinBERT model specialized for Federal Reserve communications, we measure the sentiment expressed in FOMC statements. The model identifies subtle changes in policymakers’ tone toward the economy, producing a continuous index that reflects evolving confidence or concern.

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Data & Transforms

  • FOMC sentiment: economic tone extracted from FOMC statements, displayed as a smoothed measure of recent sentiment.
  • Forward returns: Fwd12m = Close[t+12] / Close[t] − 1. Recent months can be null until future prices exist.
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App

  • Backend: Flask, pandas; /data serves compact JSON.
  • Frontend: ECharts, Tailwind + DaisyUI.
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Notes

  • Sentiment ≠ signal; markets respond to many factors beyond policy language.
  • Last ≈12 rows of forward returns can be null until future prices exist.
  • Caching is in-process with a configurable TTL.
End of pipeline