Add FinBen FOMC v0 datasets, requests, and manifests

datasets/fomc/finben/v0/clean_meta.json

@@ -0,0 +1,25 @@
+{
+  "dataset_id": "finben_fomc_v0",
+  "config": "raw_labels_v0",
+  "source_dataset": "TheFinAI/finben-fomc",
+  "n_in": 496,
+  "n_out": 496,
+  "label_counts": {
+    "dovish": 129,
+    "neutral": 245,
+    "hawkish": 122
+  },
+  "label_scheme": {
+    "type": "categorical_3way",
+    "labels": [
+      "dovish",
+      "hawkish",
+      "neutral"
+    ],
+    "source_fields": [
+      "answer",
+      "gold",
+      "choices"
+    ]
+  }
+}

datasets/fomc/finben/v0/split_meta.json

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+{
+  "dataset_id": "finben_fomc_v0",
+  "config": "stratified_80_20_v0",
+  "source_clean_file": "data/fomc/processed/finben_fomc_all_clean.jsonl",
+  "seed": 42,
+  "test_fraction": 0.2,
+  "n_total": 496,
+  "n_train": 397,
+  "n_test": 99,
+  "label_counts_train": {
+    "dovish": 103,
+    "neutral": 196,
+    "hawkish": 98
+  },
+  "label_counts_test": {
+    "neutral": 49,
+    "hawkish": 24,
+    "dovish": 26
+  },
+  "per_label_split": {
+    "dovish": {
+      "total": 129,
+      "train": 103,
+      "test": 26
+    },
+    "hawkish": {
+      "total": 122,
+      "train": 98,
+      "test": 24
+    },
+    "neutral": {
+      "total": 245,
+      "train": 196,
+      "test": 49
+    }
+  },
+  "files": {
+    "train": "data/fomc/processed/finben_fomc_train.jsonl",
+    "test": "data/fomc/processed/finben_fomc_test.jsonl"
+  }
+}

manifests/datasets/finben_fomc_v0/checksums.sha256

@@ -0,0 +1,5 @@
+e25a33f0be81c1f672e933942a4a7ac9b19a52614ae5e7fb17f76262c919fe28  data/fomc/processed/finben_fomc_all_clean.jsonl
+5c14cc886e0b5803aed99b128a5fd39e9c563658dcd46ed72ff662c6e7eb8a0b  data/fomc/processed/finben_fomc_train.jsonl
+8481d01bf1d2dcaf7df75e3f406143cb5224c056504055a38c664db3301b4f33  data/fomc/processed/finben_fomc_test.jsonl
+ba883bc540804506adda6fe66c99d9916b552fcbc70163b87ca5fac58d96da73  data/fomc/processed/finben_fomc_clean_meta.json
+40c2ffce8267d1bc3b296b8d2453a7f961c0716b50ebc6eebac530b358860d41  data/fomc/processed/finben_fomc_split_meta.json

manifests/datasets/finben_fomc_v0/dataset_spec.json

@@ -0,0 +1,65 @@
+{
+  "dataset_id": "finben_fomc_v0",
+  "dataset_name": "FinBen FOMC",
+  "version": "0.1.0",
+  "dataset_folder": "datasets/finben_fomc_v0",
+  "source": {
+    "type": "huggingface_dataset",
+    "hf_dataset_id": "TheFinAI/finben-fomc",
+    "upstream_split_policy": "single_test_split_only"
+  },
+  "processing": {
+    "ingest_script": "scripts/datasets/finben_fomc/ingest_finben_fomc.py",
+    "clean_script": "scripts/datasets/finben_fomc/clean_finben_fomc.py",
+    "split_script": "scripts/datasets/finben_fomc/split_finben_fomc.py",
+    "raw_files": {
+      "test": "data/fomc/raw/finben_fomc_test_raw.jsonl"
+    },
+    "processed_files": {
+      "all_clean": "data/fomc/processed/finben_fomc_all_clean.jsonl",
+      "train": "data/fomc/processed/finben_fomc_train.jsonl",
+      "test": "data/fomc/processed/finben_fomc_test.jsonl"
+    },
+    "meta_files": {
+      "clean_meta": "data/fomc/processed/finben_fomc_clean_meta.json",
+      "split_meta": "data/fomc/processed/finben_fomc_split_meta.json"
+    }
+  },
+  "label_scheme": {
+    "type": "categorical_3way",
+    "task": "monetary_policy_stance",
+    "classes": [
+      "dovish",
+      "hawkish",
+      "neutral"
+    ],
+    "source_fields": [
+      "answer",
+      "gold",
+      "choices"
+    ]
+  },
+  "split_policy": {
+    "type": "local_stratified_train_test",
+    "train_fraction": 0.8,
+    "test_fraction": 0.2,
+    "stratify_on": "label.stance",
+    "seed": 42
+  },
+  "hf_publish": {
+    "repo_id": "mmmikolajczak/st312-data",
+    "repo_type": "dataset",
+    "dataset_root": "datasets/fomc/finben/v0",
+    "upstream_license": "cc-by-nc-4.0",
+    "upstream_license_name": "Creative Commons Attribution-NonCommercial 4.0 International",
+    "upstream_license_url": "https://creativecommons.org/licenses/by-nc/4.0/",
+    "upstream_license_note": "License listed on the Hugging Face dataset card for TheFinAI/finben-fomc."
+  },
+  "status": {
+    "raw_ingested": true,
+    "cleaned": true,
+    "split": true,
+    "requests_built": true,
+    "published_to_hf": false
+  }
+}

manifests/tasks/finben_fomc_stance_v0/task_spec.json

@@ -0,0 +1,63 @@
+{
+  "task_id": "TA_STANCE_FOMC_FINBEN_v0",
+  "task_name": "FinBen FOMC Monetary Policy Stance Classification",
+  "version": "0.1.0",
+
+  "taxonomy": {
+    "finben_category": "Textual Analysis",
+    "finben_task": "FOMC Tone / Stance",
+    "output_type": "label_classification",
+    "scoring_type": "exact_match"
+  },
+
+  "dataset": {
+    "dataset_id": "finben_fomc_v0",
+    "config": "stratified_80_20_v0",
+    "train_file": "data/fomc/processed/finben_fomc_train.jsonl",
+    "test_file": "data/fomc/processed/finben_fomc_test.jsonl",
+    "meta_files": {
+      "clean_meta": "data/fomc/processed/finben_fomc_clean_meta.json",
+      "split_meta": "data/fomc/processed/finben_fomc_split_meta.json"
+    }
+  },
+
+  "input_schema": {
+    "required_fields": ["data.text"],
+    "optional_fields": []
+  },
+
+  "output_schema": {
+    "type": "json_object",
+    "required_keys": ["stance"],
+    "no_extra_keys": true,
+    "allowed_values": {
+      "stance": ["dovish", "hawkish", "neutral"]
+    }
+  },
+
+  "prompt_template": {
+    "system": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text.",
+    "user": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: {{data.text}}"
+  },
+
+  "reward_spec": {
+    "components": [
+      {
+        "name": "format_reward",
+        "weight": 1.0,
+        "description": "Valid JSON, exactly one key 'stance', and allowed value."
+      },
+      {
+        "name": "correctness_reward",
+        "weight": 1.0,
+        "description": "Predicted stance matches ground-truth label exactly."
+      }
+    ]
+  },
+
+  "evaluation_metrics": [
+    "accuracy",
+    "macro_f1",
+    "format_valid_rate"
+  ]
+}

tasks/finben_fomc_stance_v0/README.md

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+# FinBen FOMC Stance Task (v0)
+
+Task module for classifying monetary policy stance in FOMC-style text.
+
+## Task ID
+`TA_STANCE_FOMC_FINBEN_v0`
+
+## Dataset module
+- Dataset ID: `finben_fomc_v0`
+- Train: `data/fomc/processed/finben_fomc_train.jsonl`
+- Test: `data/fomc/processed/finben_fomc_test.jsonl`
+
+## Labels
+- `dovish`
+- `hawkish`
+- `neutral`
+
+## Output schema
+Return ONLY:
+{"stance":"dovish" | "hawkish" | "neutral"}
+
+No extra keys. No extra text.
+
+## Scripts
+- Reward parser: `scripts/tasks/finben_fomc_stance_v0/reward_fomc_stance.py`
+
+Next scripts to add:
+- prompt renderer
+- request builder
+- cached evaluator

tasks/finben_fomc_stance_v0/requests/test_requests.jsonl

@@ -0,0 +1,99 @@
+{"example_id": "0112bbd6269f5e4f", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The Role of Government Policy You will have noted that I have not mentioned the role of government policy in creating a higher rate of trend productivity growth."}]}
+{"example_id": "017d4db2face0de3", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Recent data suggested that growth of household spending had moderated from its strong fourth-quarter pace, while business fixed investment continued to grow strongly."}]}
+{"example_id": "0356d0778bf8847f", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: More recent data are not available, but I suspect that trend has continued since 1992 as the strong performance of the economy, coupled with generally ample availability of credit, has created an environment conducive to the birth and growth of innovative enterprises of all ownership types."}]}
+{"example_id": "03c2f878ced64e84", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: While liquid deposits continued to grow slowly, heightened demand for safety and liquidity appeared to boost holdings of retail money market mutual funds."}]}
+{"example_id": "04b97390afb74db1", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: At the same time, the incentive to take advantage of increasingly efficient high-tech equipment and software typically available at declining prices would continue to provide an important underpinning for further large gains in investment spending, with favorable implications for continued rapid growth in productivity."}]}
+{"example_id": "052f16597db10745", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: To anticipate a bubble about to burst requires the forecast of a plunge in the prices of assets previously set by the judgments of millions of investors, many of whom are highly knowledgeable about the prospects for the specific companies that make up our broad stock price indexes."}]}
+{"example_id": "07a5a4778e200ee0", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: 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."}]}
+{"example_id": "0c01b6d9bdf3f54d", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Rents have grown dramatically, and while home sales have slowed, the continued increasing price of single-family homes indicates to me that rents won't decline anytime in the near future."}]}
+{"example_id": "1edda52b2811af95", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: With crude oil prices expected to gradually decline from their current levels, the boost to retail food prices from the drought anticipated to be only temporary and comparatively small, long-run inflation expectations assumed to remain stable, and substantial resource slack persisting over the projection period, the staff continued to forecast that inflation would be subdued through 2014."}]}
+{"example_id": "255851c1550d14a3", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Many of them expected that inflation was likely to rise gradually over the medium term, as resource slack diminished and inflation expectations remained stable."}]}
+{"example_id": "26cf482817f5d0d4", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The staff raised slightly its projection for inflation during the second half of this year, as the upward pressure on consumer prices from earlier increases in import and commodity prices was expected to persist a little longer than previously anticipated."}]}
+{"example_id": "275655c942043aef", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: As always, my colleagues on the FOMC and I will act to foster our dual objectives of price stability and sustainable economic growth."}]}
+{"example_id": "28b7e1f433c45f70", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Even so, the growth rate of the ECI did not return to the levels experienced before 2008."}]}
+{"example_id": "28bce65ebbfe962c", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: I presented these estimates in my testimony to emphasize the continuing importance the profession attaches to NAIRU, the central tendency of current NAIRU estimates, and the absence of significant upward adjustments to estimates of trend growth."}]}
+{"example_id": "2baf99f893e8b244", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The associated declines in wealth could amplify the effects on economic activity, which could have further knock-on effects on financial markets."}]}
+{"example_id": "2bbeec32547cbdb9", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: largely as a consequence of further increases in nominal labor compensation gains that would not be fully offset by growth in productivity."}]}
+{"example_id": "2bc127eb46c81479", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: If this policy succeeds ex post, inflation expectations become anchored at the new lower level of inflation, and policy can, then, respond to demand shocks by adjusting real rates pro-cyclically, the opposite of what is required when initial inflation is too high and inflation expectations are not anchored.13 Inflation will also be pro-cyclical with well-anchored inflation expectations if demand shocks dominate and inflation expectations remain anchored."}]}
+{"example_id": "2f0a96f231a16707", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Some participants also noted that recent readings on some survey measures of consumers' inflation expectations had declined or stood at historically low levels."}]}
+{"example_id": "339311469e0ad20d", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The combination of a commitment to condition liftoff on the sustained achievement of our employment and inflation objectives with yield curve caps targeted at the same horizon has the potential to work well in many circumstances."}]}
+{"example_id": "36716d2be34fdee2", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Already, various trimmed price indexes are running much closer to 2 percent."}]}
+{"example_id": "37b98687946490c4", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: However, with longer-term interest rates already very low, there did not appear to be a need for enhanced forward guidance at this juncture or much scope for forward guidance to put additional downward pressure on yields."}]}
+{"example_id": "3d116090b44a64f9", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: During the 1980s and 1990s, the Federal Reserve succeeded in bringing inflation down from double-digit levels to the average rate of about 2 percent that has prevailed over the past decade."}]}
+{"example_id": "3ff8ea63614d6d6f", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Inflation is much too high, and I strongly believe that bringing inflation back to our target is a necessary condition for meeting the goals mandated by Congress of price stability and maximum employment on a sustainable basis."}]}
+{"example_id": "4102359650f49c07", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: In their discussion of forward guidance about the target federal funds rate, a few members suggested that lowering the unemployment threshold to 6 percent could effectively convey the Committee's intention to keep the target federal funds rate low for an extended period."}]}
+{"example_id": "46c27a466e159d41", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: In any case, the real federal funds rate is now lower than prior to the easings, at the same time that the unemployment rate is lower and projected growth higher than it was prior to the easings."}]}
+{"example_id": "47ae102b072457b3", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The Committee also reiterated that it would continue its asset purchases, and employ its other policy tools as appropriate, until the outlook for the labor market has improved substantially in a context of price stability."}]}
+{"example_id": "4807b9d96dc631ef", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Although we cannot ascertain the precise rates of resource utilization that the economy can sustain, we can have little doubt that, after three years of above-trend growth, slack has been substantially reduced."}]}
+{"example_id": "49cd507f50ba5b9a", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: One branch of economists holds the view that monetary policy should not be influenced by any perceived financial market bubbles."}]}
+{"example_id": "4b8b25a657fa76b9", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: So the term “trend inflation”—usually there are a variety of statistical techniques that can be used to extract a trend from a series."}]}
+{"example_id": "52066a8d936187bf", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: In addition, U.S. inflation remains muted."}]}
+{"example_id": "524ab63dc04fbabb", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee's assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time."}]}
+{"example_id": "58f121e4929009c0", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: These inferences are supported by some empirical evidence.10 On the other hand, the increased liquidity of home equity may lead consumer spending to respond more than in past years to changes in the values of their homes; some evidence does suggest that the correlation of consumption and house prices is higher in countries, like the United States, that have more sophisticated mortgage markets (Calza, Monacelli, and Stracca, 2007)."}]}
+{"example_id": "5a209177736b81d6", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: A concern that one might have about price-level targeting, as opposed to more conventional inflation targeting, is that it requires a short-term inflation rate that is higher than the long-term inflation objective."}]}
+{"example_id": "5df5e56ff42874fd", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: In fact, applying a formal regression analysis to the full sample from 1989 to 2002, we found a number fairly close to this one, namely, a stock price multiplier for monetary policy of about 4.7."}]}
+{"example_id": "634de41363c0feb6", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: We know that the short end of the yield curve is dominated by monetary policy and cyclical factors."}]}
+{"example_id": "63fde0d2a3fa771a", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: For instance, monetary policymakers must accurately assess how disasters such as hurricanes, wildfires, and flooding affect labor markets, household and business spending, output, and prices.7 In deciding whether to alter monetary policy or, instead, to \"look through\" such shocks, policymakers need to assess the likely persistence of the effects and how widespread they are."}]}
+{"example_id": "64c39b51be4ebcd9", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: One prominent example is the work in behavioral finance on how alternative assumptions regarding rationality can affect predictions for asset prices and saving behavior"}]}
+{"example_id": "657ba2fe48726442", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Therefore, monetary policy in Japan might be affected not only by views about how such policies would affect macroeconomic performance, for given fiscal policies,"}]}
+{"example_id": "658c96603f59635c", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: It is now generally recognized that price stability is a prerequisite for the efficient allocation of resources in our economy and, indeed, for fulfilling our ultimate mandate to promote maximum sustainable employment over time."}]}
+{"example_id": "66a90c649a3206cf", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: the approach can be applied equally well by \"inflation hawks,\" \"growth hawks,\" and anyone in between."}]}
+{"example_id": "673f7b83952ed786", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: In real terms, with a 2 percent inflation objective—that’s 1 percent in real terms."}]}
+{"example_id": "677c280b241d8230", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Available information suggested that economic activity in the major foreign industrial countries continued to advance, but at an uneven pace; in Germany, activity rebounded from the contraction in the first quarter, while in Japan a considerable slowing of growth had occurred in the second quarter after very rapid expansion in the first quarter."}]}
+{"example_id": "6943efadfecf954b", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The Federal Reserve Bank of New York was authorized and directed, until instructed otherwise by the Committee, to execute transactions in the System Account in accordance with the following domestic policy directive: The information reviewed at this meeting suggests that the expansion in economic activity has slowed considerably after a very rapid advance in the first quarter."}]}
+{"example_id": "69b3b40821b08fc8", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: But the importance of price stability has sometimes been insufficiently appreciated in our central bank's history, and, as Allan Meltzer will soon point out, such episodes have had unfortunate consequences."}]}
+{"example_id": "6c2b2a13e0b06093", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: There are also asymmetric price effects from cost shocks—prices go up very quickly but often tend to come down more slowly, as consumers slowly learn that the bottlenecks have gone away."}]}
+{"example_id": "73203ac9b02b8f45", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Mishkin and Jonas (forthcoming) describe the experiences of the three transition economies with inflation targets."}]}
+{"example_id": "75b8910cfba5c8b4", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: As a result, deregulation, globalization, and innovation have made it easier for citizens to move their wealth out of nominal assets in their local currency and thereby avoid any inflation tax should their government show signs that it might resort to inflationary tactics to finance spending.6 At the same time, the public’s understanding of the costs of inflation has increased, in part because of experiences of high inflation in many countries in the 1980s."}]}
+{"example_id": "7a341d7c14ca055a", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: However, household spending had been relatively robust during the cyclical downturn and likely had only limited room for a pickup over coming quarters, and intense competitive pressures could well constrain profits, investment, and equity prices."}]}
+{"example_id": "7b1f0fff724fc41d", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the asset purchase program ends and the economic recovery strengthens."}]}
+{"example_id": "7bc3030ecf5b3ca0", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: That ex post relationship, the correlation between actual--instead of intended--domestic saving and domestic investment was the object of the seminal work by Feldstein and Horioka a quarter century ago.4 Without the evident worldwide fall in home bias over the past decade, noted earlier, the United States would not have been able to finance its recent current account deficits, and, accordingly, these deficits would have been smaller."}]}
+{"example_id": "7cca6f4cd48f457d", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: However, indicators of economic activity in Japan and Brazil remained weak."}]}
+{"example_id": "7d786043aec25bdd", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: and it seems to produce results not too different in practice from those associated with central banks that are flexible inflation targeters."}]}
+{"example_id": "7f03777b1df587f2", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The underlying rate of consumer price inflation in recent months was lower than the staff expected at the time of the November meeting, and the staff forecast anticipated that core PCE prices would rise a bit more slowly in 2011 and 2012 than previously projected."}]}
+{"example_id": "816434cbe99ced75", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: participants generally expected no more than moderate growth in consumer spending over the near term."}]}
+{"example_id": "8e4db3f453d1a5b4", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The “extended period” language is conditioned on exactly those same points: “Extended period” is conditioned on resource slack, on subdued inflation, and on stable inflation expectations."}]}
+{"example_id": "9316b980f1a41acf", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Participants expected that fiscal policy would continue to be a drag on economic growth over coming quarters."}]}
+{"example_id": "932f57f03e4c46b8", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: If you look at the number of job openings compared to the number of unemployed, it’s—we’re, we’re clearly on a path to a very strong labor market with high participation, low unemployment, high employment, wages moving up across the spectrum."}]}
+{"example_id": "9616d182223c66de", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Flexible inflation averaging could bring some of the benefits of a formal average inflation targeting rule, but it would be simpler to communicate."}]}
+{"example_id": "96a2c28af5760886", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: But overly optimistic expectations for long-run earnings growth were not being driven by easy money, and I see no reason to believe that an extra 50 or even 100 basis points on the funds rate would have had much of a damping effect on investor beliefs in the potential profitability of emerging technologies."}]}
+{"example_id": "9a9caedc67106a6b", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: I will focus my remarks today on the use of explicit forward guidance as a tool for monetary policy.1 Before I start, let me briefly discuss near-term monetary policy."}]}
+{"example_id": "9b7b5e9160a6cff5", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The prices of their exports are lower than they would be if market forces were given greater scope in foreign exchange markets, and they are supplying more goods and services to the rest of the world than they themselves are demanding."}]}
+{"example_id": "9fda25ddd19e0ca2", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: These members expected that the target range would be maintained at this level until they were confident that the economy had weathered recent events and was on track to achieve the Committee's maximum employment and price stability goals."}]}
+{"example_id": "a125c1dd843eb849", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: However, in the view of at least some members, recent developments had reduced the unwelcome prospect of substantial additional disinflation."}]}
+{"example_id": "a2dfd7bb8684ef86", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Nonetheless, given a recovery in U. S. domestic demand approximating their current forecasts, growth in imports likely would exceed that of exports by a wide margin over the forecast horizon."}]}
+{"example_id": "a445fd7a3915b247", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Participants discussed several risks that, if realized, could necessitate a steeper path of increases in the target range; these risks included the possibility that inflation pressures could build unduly if output expanded well beyond its maximum sustainable level, perhaps owing to fiscal stimulus or accommodative financial market conditions."}]}
+{"example_id": "ac09221570527738", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: For 2000, the Committee agreed on a tentative basis in June to retain the same ranges for growth of the monetary aggregates and debt, measured from the fourth quarter of 1999 to the fourth quarter of 2000."}]}
+{"example_id": "adcf4bc455690d8e", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Moreover, the absence of significant growth in employment, should it persist, could at some point have significant adverse repercussions on consumer spending."}]}
+{"example_id": "ae12406c15eada63", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: At the moment, trend growth near full employment appears to be a reasonable prospect in the year ahead."}]}
+{"example_id": "b0dff5769b75523d", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Some contacts indicated that while input costs were higher, it appeared that the pass-through of these higher costs to consumer prices was limited."}]}
+{"example_id": "b4c5bf4e3061ff36", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Some members expressed concern about the longer-run prospects for large federal deficits and their implications for the future performance of the economy."}]}
+{"example_id": "b5945dd40f1107fe", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Financial markets are the channel through which our policy affects the economy, and asset prices contain valuable information about investors' expectations for the course of policy, economic activity, and inflation, as well as about the risks around those expectations."}]}
+{"example_id": "b948d6ec5d6d95c7", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: how long before it becomes a factor driving inflation?"}]}
+{"example_id": "bb09964ac0917bde", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: However, with monetary policy assumed to remain highly accommodative, the staff continued to anticipate that real GDP growth would outpace that of potential over much of this period, leading to a decline in the unemployment rate to historically low levels."}]}
+{"example_id": "c1f0c9355b90ef21", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Answering this question is central to our outlook for both of our dual-mandate goals of maximum employment and price stability."}]}
+{"example_id": "c27602661a6a7973", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Many have observed the rise in the real federal funds rate to a level well above its historical average and concluded that monetary policy is currently restrictive."}]}
+{"example_id": "c4a92dcc958fc99e", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: But I think that that’s a prudent move, to move in a gradual way to remove Chair Yellen’s Press Conference FINAL accommodation, with unemployment now—and not only, I should say, the unemployment rate, but I think any indicator of labor market performance and tightness that you could look at, whether it’s household perceptions of the availability of jobs, difficulty that firms report in hiring workers, the rate at which workers are quitting their jobs, the rate of job openings, all of these indicators do signal a tight labor market."}]}
+{"example_id": "c68f468b495e128d", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: In its March forecast, the staff's projection for real GDP growth over the medium term was somewhat higher than the one presented in January, mostly reflecting an improved outlook for economic activity abroad, a lower foreign exchange value for the dollar, and a higher projected path of equity prices."}]}
+{"example_id": "cb0bf8c5608533ed", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Now, we have—you know, we haven’t anticipated that slowdown in productivity, and that’s one of the main reasons why we haven’t anticipated the relatively slow growth."}]}
+{"example_id": "cfade4c8ca6c9866", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Thus, knowing where productivity growth is headed is, in many respects, equivalent to foreseeing our economic destinies."}]}
+{"example_id": "d055ac0538c9591a", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Moreover, if, as some members thought likely, productivity growth slowed as employment picked up, the result could be reductions in slack accompanied by higher unit labor costs and associated pressures on prices."}]}
+{"example_id": "d144635ca9120b07", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The Fed's credibility, earned over decades of low inflation, is a powerful policy tool that is critical to our long-term success."}]}
+{"example_id": "d19c82b14610d0b3", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Expansion of these two monetary aggregates was supported by further rapid expansion in the demand for currency and stronger inflows to retail money market funds at a time of weakness in U. S. bond and equity markets."}]}
+{"example_id": "d32b516886ea44eb", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Housing activity was generally holding up well across the country as the effects of appreciably reduced mortgage interest rates apparently compensated for the negative effects of declining financial wealth on the demand for housing."}]}
+{"example_id": "d844900757d40eb8", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The outbreak has also disrupted economic activity in many countries and has prompted significant movements in financial markets."}]}
+{"example_id": "d8aba0a9f8c42d6a", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: By definition, this excess of U.S. payments to foreigners over payments received in a given period equals the U.S. current account deficit, which, as I have already noted, was $666 billion in 2004--close to the $617 billion by which the value of U.S. imports exceeded that of exports."}]}
+{"example_id": "dc87f4d2e906a86c", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: One participant suggested that the Committee could announce an additional, lower set of thresholds for inflation and unemployment"}]}
+{"example_id": "dcf424bc1498a89c", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The Outlook for Economic ActivityThe midpoint of the range of projections for real GDP growth declines noticeably from about 2-1/2 percent for 2007 to roughly 2 percent in 2008; then it returns to about 2-1/2 percent in 2009 and 2010."}]}
+{"example_id": "dfd2ae8e9d2f8fd3", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: To do that you've got to have price stability, and we've got to get back to price stability so that we can have a labor market where people's wages aren't being eaten up by inflation and where we can have a long expansion too."}]}
+{"example_id": "dfdf1ae90b6701bc", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: And, as I went into detail in Jackson Hole and won’t repeat all of that there, there are other ways in which we see underutilization—high levels that have come down only very marginally of part-time employment for economic—or involuntary part-time employment, perhaps some remaining shortfall of labor force participation as a result of cyclical factors."}]}
+{"example_id": "e1b95247de40aa6b", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run. \""}]}
+{"example_id": "f3a346744b46f8e3", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: A currency board and dollarization are tighter versions of a fixed exchange rate regime--that is, fixed exchange rate systems from which it is progressively more costly to exit."}]}
+{"example_id": "f57851df05559f8b", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: U.S. inflation remains muted."}]}
+{"example_id": "f61ce34baaa9789d", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Market-based measures of inflation compensation had remained low,"}]}
+{"example_id": "fd33d21a9647abcd", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: In their discussion of monetary policy for the intermeeting period, Committee members agreed that keeping the target range for the federal funds rate at 0 to 1/4 percent would be appropriate."}]}
+{"example_id": "fd4ea6768f7ad82f", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Although a spike in energy prices eroded real income growth in the second quarter, there were solid gains in wages and salaries."}]}
+{"example_id": "fd887869812b9c6d", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: The weakness in labor market conditions remained an important concern to meeting participants, with unemployment expected to remain elevated for some time."}]}
+{"example_id": "fe6e91508720c444", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: However, the volatility of these and other commodity prices is such that possible future increases in these prices remain a risk to the inflation outlook."}]}
+{"example_id": "fed3c32802e39a9f", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: For example, in the mid-1970s, just when the FOMC began to specify money growth targets, econometric estimates of M1 money demand relationships began to break down, predicting faster money growth than was actually observed."}]}
+{"example_id": "ff0cd4e1fa7effd5", "task_id": "TA_STANCE_FOMC_FINBEN_v0", "messages": [{"role": "system", "content": "You are a financial policy-stance classifier. Return ONLY a JSON object with exactly one key: \"stance\". The value must be one of: \"dovish\", \"hawkish\", \"neutral\". Do not include any extra text."}, {"role": "user", "content": "Classify the monetary policy stance expressed in the following central-bank-related text.\n\nText: Monetary policy seeks to buffer the economy from unexpected adverse disruptions, or \"shocks.\""}]}