- Bloomberg’s Economic Fed Sentiment Natural Language Processing model is outlined in the chart below for the period 1/06/2023 to 1/08/2025.
- The lower the number indicates more dovish sentiment, and the higher the number, the more hawkish sentiment. The index on 1/08/2025 was at 5.47, which was an increase of 2.52 since the week of 12/13/2024 (the last FOMC Meeting). A more hawkish sentiment has transpired since that time.
- We utilize Google Search Trends to gain insight on consumers’ interest on the following terms: Federal Open Market Committee, Inflation, Powell and Stock Market.
- For the week ending in 1/05/2025, the term Federal Open Market Committee had the highest search interest at 3.83, followed by Stock Market at 3.50, and lastly Powell at 0.42. Inflation had a negative search interest at -0.08 for the first time since the week ending in 4/07/2024.
