Datasets:

social-jev
/

fomc

This import contains 2,480 original records. The codebook in social-jev/codebooks, configuration fomc, has 3 entries. Original data uses original/train. These are source records, not generated labels.

The full set of 2,480 canonical source fragments is included once, with no held-out split, as approved by the user. The 199 missing manual labels remain unlabelled. Later released labels and all three seed memberships are separate metadata; they do not replace the manual annotations. The remaining 2,281 fragments have manual labels. Each document ID identifies a fragment, not an original speech; original speech IDs are unavailable.

Sources and attribution

Source 1
Source 2
Source 3
Source 4
Shah, Agam, Suvan Paturi, and Sudheer Chava. 2023. Trillion Dollar Words: A New Financial Dataset, Task & Market Analysis. ACL 2023, pp. 6664–6679. https://doi.org/10.18653/v1/2023.acl-long.368

The source licence is CC BY-NC 4.0. Preserve attribution and non-commercial conditions.

Preparation and review: MERT PR. Every staged codebook/original row was checked against the reviewed extraction and adapter. All uploaded rows were read back and compared on 7 October 2026. No generated questions, labelled configuration, or model calls are part of this import.

Downloads last month: 37

id string	document_id string	text string	labels list	metadata dict
mm:0	mm:0	"The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "\"The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output.", "year": "2011", "label": "2", "orig_index": "0", "position": 0, "source_type": "mm", "document_identity": "source fragment; original docum...
mm:1	mm:1	1 The longer-run projections represent each participant's assessment of the rate to which each variable would be expected to converge, over time, under appropriate monetary policy and in the absence of further shocks to the economy.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "1 The longer-run projections represent each participant's assessment of the rate to which each variable would be expected to converge, over time, under appropriate monetary policy and in the absence of further shocks to the economy.", "year": "2011", "label": "2", "orig_index": "1", "position":...
mm:2	mm:2	A couple of participants indicated that they would not favor adopting a restrictive policy stance in the absence of clear signs of an overheating economy and rising inflation.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A couple of participants indicated that they would not favor adopting a restrictive policy stance in the absence of clear signs of an overheating economy and rising inflation.", "year": "2011", "label": "2", "orig_index": "2", "position": 2, "source_type": "mm", "document_identity": "source...
mm:3	mm:3	A couple of participants noted that uncertainties concerning both the level of, and the source of shifts in, potential output made it difficult to base decisions about monetary policy on real-time measures of the output gap.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A couple of participants noted that uncertainties concerning both the level of, and the source of shifts in, potential output made it difficult to base decisions about monetary policy on real-time measures of the output gap.", "year": "2011", "label": "2", "orig_index": "3", "position": 3, "s...
mm:4	mm:4	A couple of participants pointed to the decline in credit spreads to relatively low levels by historical standards; one of these participants noted the risk of either a sharp rise in spreads, which could have negative repercussions for aggregate demand, or a continuation of the decline in spreads, which could undermine...	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A couple of participants pointed to the decline in credit spreads to relatively low levels by historical standards; one of these participants noted the risk of either a sharp rise in spreads, which could have negative repercussions for aggregate demand, or a continuation of the decline in spreads, whic...
mm:5	mm:5	A couple of participants referred to information from business contacts suggesting that inflation was unlikely to decline further, and a few expressed concerns that maintaining a highly accommodative stance of monetary policy for an extended period could erode the stability of inflation expectations over time and hence...	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "A couple of participants referred to information from business contacts suggesting that inflation was unlikely to decline further, and a few expressed concerns that maintaining a highly accommodative stance of monetary policy for an extended period could erode the stability of inflation expectations ov...
mm:6	mm:6	A couple of participants remarked that the very low levels of inventories would likely be a factor supporting increases in production as demand continued to recover.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A couple of participants remarked that the very low levels of inventories would likely be a factor supporting increases in production as demand continued to recover.", "year": "2019", "label": "2", "orig_index": "6", "position": 6, "source_type": "mm", "document_identity": "source fragment;...
mm:7	mm:7	A couple of participants thought it premature to focus on this latter eventuality, observing that the purchase program had been effective and that more time was needed to assess the outlook for the labor market and inflation; moreover, international comparisons suggested that the Federal Reserve's balance sheet retaine...	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A couple of participants thought it premature to focus on this latter eventuality, observing that the purchase program had been effective and that more time was needed to assess the outlook for the labor market and inflation; moreover, international comparisons suggested that the Federal Reserve's bala...
mm:8	mm:8	A discernable upcreep was apparent in survey measures of short- and, to a limited extent, long-term inflation expectations over recent months.	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "A discernable upcreep was apparent in survey measures of short- and, to a limited extent, long-term inflation expectations over recent months.", "year": "2019", "label": "1", "orig_index": "8", "position": 8, "source_type": "mm", "document_identity": "source fragment; original document unkn...
mm:9	mm:9	A few members expressed interest in using language specifying a period of time during which the federal funds rate was expected to remain exceptionally low, rather than a calendar date, arguing that such language might be better to indicate a constant stance of monetary policy over time.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A few members expressed interest in using language specifying a period of time during which the federal funds rate was expected to remain exceptionally low, rather than a calendar date, arguing that such language might be better to indicate a constant stance of monetary policy over time.", "year": "2...
mm:10	mm:10	A few members observed that, in their judgment, current and prospective economic conditions--including elevated unemployment and inflation at or below the Committee's objective--could warrant the initiation of additional securities purchases before long.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A few members observed that, in their judgment, current and prospective economic conditions--including elevated unemployment and inflation at or below the Committee's objective--could warrant the initiation of additional securities purchases before long.", "year": "1996", "label": "0", "orig_inde...
mm:11	mm:11	A few observed that the combination of recent labor market improvements and continued softness in inflation had led them to lower their estimates of the longer-run normal rate of unemployment.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A few observed that the combination of recent labor market improvements and continued softness in inflation had led them to lower their estimates of the longer-run normal rate of unemployment.", "year": "1996", "label": "2", "orig_index": "11", "position": 11, "source_type": "mm", "document...
mm:12	mm:12	A few participants also noted that uncertainty about the extent of resource slack in the economy was considerable and that it was quite possible that the economy could soon be operating close to potential, particularly if labor force participation rates did not turn up much while employment continued to register gains.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A few participants also noted that uncertainty about the extent of resource slack in the economy was considerable and that it was quite possible that the economy could soon be operating close to potential, particularly if labor force participation rates did not turn up much while employment continued t...
mm:13	mm:13	A few participants argued that maintaining a highly accommodative stance of monetary policy over the medium run would erode the stability of inflation expectations.	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "A few participants argued that maintaining a highly accommodative stance of monetary policy over the medium run would erode the stability of inflation expectations.", "year": "1996", "label": "1", "orig_index": "13", "position": 13, "source_type": "mm", "document_identity": "source fragment...
mm:14	mm:14	A few participants commented that both survey- and market-based measures of short-term inflation expectations were at historically high levels.	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "A few participants commented that both survey- and market-based measures of short-term inflation expectations were at historically high levels.", "year": "1996", "label": "1", "orig_index": "14", "position": 14, "source_type": "mm", "document_identity": "source fragment; original document u...
mm:15	mm:15	A few participants expressed less confidence in this outlook for inflation and commented that inflation had averaged less than 2 percent over the past several years even as resource utilization had increased, or pointed to downward pressures from global or technology-related factors that could continue to suppress infl...	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A few participants expressed less confidence in this outlook for inflation and commented that inflation had averaged less than 2 percent over the past several years even as resource utilization had increased, or pointed to downward pressures from global or technology-related factors that could continue...
mm:16	mm:16	A few participants judged that the expectations regarding the path of the federal funds rate implied by prices in financial markets were currently suggesting greater provision of accommodation at coming meetings than they saw as appropriate and that it might become necessary for the Committee to seek a better alignment...	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A few participants judged that the expectations regarding the path of the federal funds rate implied by prices in financial markets were currently suggesting greater provision of accommodation at coming meetings than they saw as appropriate and that it might become necessary for the Committee to seek a...
mm:17	mm:17	A few participants judged that while the labor market was close to full employment, some margins of slack remained; these participants pointed to the employment-to-population ratio or the labor force participation rate for prime-age workers, which remained below pre-recession levels, as well as the absence to date of c...	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A few participants judged that while the labor market was close to full employment, some margins of slack remained; these participants pointed to the employment-to-population ratio or the labor force participation rate for prime-age workers, which remained below pre-recession levels, as well as the abs...
mm:18	mm:18	A few participants particularly stressed the high uncertainty associated with the expected future path of the unemployment rate and commented that the unemployment rate could rise by considerably more than in the staff forecast.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A few participants particularly stressed the high uncertainty associated with the expected future path of the unemployment rate and commented that the unemployment rate could rise by considerably more than in the staff forecast.", "year": "2020", "label": "0", "orig_index": "18", "position": 18...
mm:19	mm:19	A few participants pointed to continued strong growth in multifamily construction, although the limited pipeline of new projects in one District suggested that activity could slow in 2015.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A few participants pointed to continued strong growth in multifamily construction, although the limited pipeline of new projects in one District suggested that activity could slow in 2015.", "year": "2020", "label": "2", "orig_index": "19", "position": 19, "source_type": "mm", "document_ide...
mm:20	mm:20	A key factor in this assessment continued to be their outlook for rapid further gains in structural productivity that would help to hold down increases in unit labor costs.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A key factor in this assessment continued to be their outlook for rapid further gains in structural productivity that would help to hold down increases in unit labor costs.", "year": "2014", "label": "2", "orig_index": "20", "position": 20, "source_type": "mm", "document_identity": "source ...
mm:21	mm:21	A more robust contour for final sales over the forecast horizon would lead to somewhat greater pressure on resource margins, despite the expected strong growth of structural productivity, though the level of activity would remain below the economy's potential for some time.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A more robust contour for final sales over the forecast horizon would lead to somewhat greater pressure on resource margins, despite the expected strong growth of structural productivity, though the level of activity would remain below the economy's potential for some time.", "year": "2014", "label...
mm:22	mm:22	A number of business contacts indicated that they were passing on at least a portion of these higher costs to their customers or that they planned to try to do so later this year; however, contacts were uncertain about the extent to which they could raise prices, given current market conditions and the cautious attitud...	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "A number of business contacts indicated that they were passing on at least a portion of these higher costs to their customers or that they planned to try to do so later this year; however, contacts were uncertain about the extent to which they could raise prices, given current market conditions and the...
mm:23	mm:23	A number of global factors were seen as contributing to downward pressure on term premiums, including central bank asset purchase programs and the strong worldwide demand for safe assets.	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "A number of global factors were seen as contributing to downward pressure on term premiums, including central bank asset purchase programs and the strong worldwide demand for safe assets.", "year": "2014", "label": "1", "orig_index": "23", "position": 23, "source_type": "mm", "document_iden...
mm:24	mm:24	A number of participants indicated that the Committee should resume asset purchases only if substantially adverse economic circumstances warranted greater monetary policy accommodation than could be provided by lowering the federal funds rate to the effective lower bound.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A number of participants indicated that the Committee should resume asset purchases only if substantially adverse economic circumstances warranted greater monetary policy accommodation than could be provided by lowering the federal funds rate to the effective lower bound.", "year": "2014", "label":...
mm:25	mm:25	A number of participants noted that continued high unemployment, particularly with large numbers of workers suffering very long spells of unemployment, would lead to an erosion of workers' skills that would have adverse consequences for those workers and for the economy's potential level of output in the longer term.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A number of participants noted that continued high unemployment, particularly with large numbers of workers suffering very long spells of unemployment, would lead to an erosion of workers' skills that would have adverse consequences for those workers and for the economy's potential level of output in t...
mm:26	mm:26	A number of participants stressed that recently enacted fiscal support would help address some of the hardships faced by these groups and that monetary policy would also help by promoting the economy's return to the Committee's goals of broad-based and inclusive maximum employment and price stability.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A number of participants stressed that recently enacted fiscal support would help address some of the hardships faced by these groups and that monetary policy would also help by promoting the economy's return to the Committee's goals of broad-based and inclusive maximum employment and price stability."...
mm:27	mm:27	A potential negative cited by some members was the possibility that a weak job market, should it persist, would at some point adversely affect overall consumer sentiment and willingness to spend.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A potential negative cited by some members was the possibility that a weak job market, should it persist, would at some point adversely affect overall consumer sentiment and willingness to spend.", "year": "2003", "label": "0", "orig_index": "27", "position": 27, "source_type": "mm", "docum...
mm:28	mm:28	A surge in nonfarm business inventory investment accounted for a substantial portion of the acceleration in output in the first quarter, and an anticipated moderation in the accumulation of inventories was an important element in forecasts of greatly reduced economic growth in the current quarter.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "A surge in nonfarm business inventory investment accounted for a substantial portion of the acceleration in output in the first quarter, and an anticipated moderation in the accumulation of inventories was an important element in forecasts of greatly reduced economic growth in the current quarter.", ...
mm:29	mm:29	A variety of indicators, along with anecdotal reports, suggested that employment was expanding at a fairly good pace and labor compensation was rising moderately.	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "A variety of indicators, along with anecdotal reports, suggested that employment was expanding at a fairly good pace and labor compensation was rising moderately.", "year": "2003", "label": "1", "orig_index": "29", "position": 29, "source_type": "mm", "document_identity": "source fragment; ...
mm:30	mm:30	A widespread view that the Federal Reserve would take whatever steps were needed to hold down inflation over time probably had contributed to the persistence of subdued long-run inflation expectations during an extended period when rapidly rising demand was pressing on limited supply resources.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "A widespread view that the Federal Reserve would take whatever steps were needed to hold down inflation over time probably had contributed to the persistence of subdued long-run inflation expectations during an extended period when rapidly rising demand was pressing on limited supply resources.", "ye...
mm:31	mm:31	Accordingly, considerable caution needed to be exercised in assessing the outlook for productivity and in relying on projections of the economy and prices, which necessarily embodied judgments about this outlook, in making monetary policy.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "Accordingly, considerable caution needed to be exercised in assessing the outlook for productivity and in relying on projections of the economy and prices, which necessarily embodied judgments about this outlook, in making monetary policy.", "year": "2022", "label": "2", "orig_index": "31", "po...
mm:32	mm:32	Accordingly, in the context of the Committee's long-run objectives for price stability and sustainable economic growth, and giving careful consideration to economic, financial, and monetary developments, the Committee decided that a slightly higher federal funds rate might be acceptable or a somewhat lower federal fund...	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "Accordingly, in the context of the Committee's long-run objectives for price stability and sustainable economic growth, and giving careful consideration to economic, financial, and monetary developments, the Committee decided that a slightly higher federal funds rate might be acceptable or a somewhat l...
mm:33	mm:33	Accordingly, in the context of the Committee's long-run objectives for price stability and sustainable economic growth, and giving careful consideration to economic, financial, and monetary developments, the Committee decided that a slightly higher or a slightly lower federal funds rate might be acceptable during the i...	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "Accordingly, in the context of the Committee's long-run objectives for price stability and sustainable economic growth, and giving careful consideration to economic, financial, and monetary developments, the Committee decided that a slightly higher or a slightly lower federal funds rate might be accept...
mm:34	mm:34	Accordingly, much stronger growth in such investment could occur, with concomitant effects on incomes and the growth of overall spending.	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "Accordingly, much stronger growth in such investment could occur, with concomitant effects on incomes and the growth of overall spending.", "year": "2022", "label": "1", "orig_index": "34", "position": 34, "source_type": "mm", "document_identity": "source fragment; original document unknown...
mm:35	mm:35	Advances in productivity had boosted profit margins, and high margins were helpful in that they could absorb some portion of any cost increases for a time.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "Advances in productivity had boosted profit margins, and high margins were helpful in that they could absorb some portion of any cost increases for a time.", "year": "2015", "label": "2", "orig_index": "35", "position": 35, "source_type": "mm", "document_identity": "source fragment; origina...
mm:36	mm:36	After deteriorating further early in the period, foreign equity prices bounced back and credit spreads on emerging market bonds narrowed, in both cases returning to December levels in most countries.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "After deteriorating further early in the period, foreign equity prices bounced back and credit spreads on emerging market bonds narrowed, in both cases returning to December levels in most countries.", "year": "2015", "label": "2", "orig_index": "36", "position": 36, "source_type": "mm", "d...
mm:37	mm:37	After falling steeply before the August FOMC meeting, emerging market equity prices were little changed, on net, over the period.	[ { "id": "2", "label": "Neutral", "definition": "Meanwhile, neutral sentences were those with mixed sentiment, indicating no change in the monetary policy, or those that were not directly related to monetary policy stance.\n\nOur annotation guide was built by dividing each target sentence into eight defi...	{ "sentence": "After falling steeply before the August FOMC meeting, emerging market equity prices were little changed, on net, over the period.", "year": "2015", "label": "2", "orig_index": "37", "position": 37, "source_type": "mm", "document_identity": "source fragment; original document unknown", "re...
mm:38	mm:38	After robust growth in the second quarter, M2 decelerated somewhat and M3 was about unchanged in July.	[ { "id": "1", "label": "Hawkish", "definition": "Hawkish sentences were any sentence that would indicate a future monetary policy tightening.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreig...	{ "sentence": "After robust growth in the second quarter, M2 decelerated somewhat and M3 was about unchanged in July.", "year": "2015", "label": "1", "orig_index": "38", "position": 38, "source_type": "mm", "document_identity": "source fragment; original document unknown", "released_label": "1", "sour...
mm:39	mm:39	Against the background of its long-run goals of price stability and sustainable economic growth and of the information currently available, the Committee believes that the risks continue to be weighted mainly toward conditions that may generate economic weakness in the foreseeable future.	[ { "id": "0", "label": "Dovish", "definition": "Dovish sentences were any sentence that indicates future monetary policy easing.\n\nOur annotation guide was built by dividing each target sentence into eight defined categories: Economic Status, Dollar Value Change, Energy/House Prices, Foreign Nations, Fe...	{ "sentence": "Against the background of its long-run goals of price stability and sustainable economic growth and of the information currently available, the Committee believes that the risks continue to be weighted mainly toward conditions that may generate economic weakness in the foreseeable future.", "year": "...