全球经济：深度探讨 —— 利用人工智能衡量各国央行言论

ab Global Research owered by UBS Evidence Lab YES P 14 May 2025 Global Economics & Strategy Deep Speak: Using AI to measure what central banks say The BoJ, after decades of easing bias, now ranks as the most hawkish of the three major central banks, and its hawkishness is back at '08 levels, when it was last tightening. Tone as a leading indicator of market repricing As we show here, tone shifts lead policy rate changes and market repricing, especially during tightening cycles. Both the Fed and ECB index ca ...