Prattle was recently featured in a Business Insider article after the San Francisco Fed used our data in one of its recent economic letters.
The research team at the San Francisco Fed earlier this week published a letter analyzing one startup’s analysis of Fed communications.
Economist Fernanda Nechio and researcher Rebecca Regan looked at data from Prattle, a textual analysis specialist, as part of an examination of the Fed’s communication strategy following the financial crisis.
The short of it is that Prattle was accurately able to predict what the Fed’s infamous “dot plot” would look like upon its next release.
Click to view the study from the San Francisco Fed, and click here to read the full piece on Business Insider.
The Signal Team
