Finetuning LLMs for economic sentiment
General-purpose language models are mediocre readers of economic text: the sentiment of a monetary policy statement is not the sentiment of a movie review. This work finetunes LLMs on domain text so they pick up what actually matters — hawkish versus dovish tone, stance shifts, the difference between describing inflation and worrying about it.
It is the production-scale continuation of my PhD research, which built transformer-based methods (including a custom similarity-transformer architecture, Simtran) for classifying small, dense corpora of central bank communication.