id,date,sentence,sentence_length,growth_sentiment,employment_sentiment,inflation_sentiment,prediction_finbert,sentiment_score_finbert,sentiment_vader_logit,sentiment_vader_logit_score,sentiment_vader_compound,sentiment_vader_compound_score,growth_sentiment_gpt4,employment_sentiment_gpt4,inflation_sentiment_gpt4
11901.0,2015-04-08,"Imports rose in December, with an increased volume of petroleum imports, but declined in January, driven by lower prices and volumes for petroleum.",23,neutral,neutral,neutral,negative,-0.94,neutral,0.5128971385098865,positive,0.0516,neutral,neutral,positive
11902.0,2015-04-08,"Commercial and industrial loans on banks' books continued to expand strongly, reportedly in part to fund increased merger and acquisition activity.",21,positive,neutral,neutral,positive,0.9351,positive,0.6661448670999395,positive,0.6908,positive,neutral,neutral
11903.0,2015-05-20,"Measures of residential mortgage lending conditions were generally little changed over the intermeeting period, and lending volumes remained light.",19,neutral,neutral,neutral,negative,-0.441,neutral,0.5,neutral,0.0,neutral,neutral,neutral
11904.0,2015-07-08,Most participants judged that the conditions for policy firming had not yet been achieved; a number of them cautioned against a premature decision.,23,neutral,neutral,neutral,negative,-0.455,neutral,0.5192904202999741,positive,0.0772,neutral,neutral,neutral
11905.0,2015-08-19,Many members thought that labor market underutilization would be largely eliminated in the near term if economic activity evolved as they expected.,22,positive,positive,neutral,neutral,-0.048,neutral,0.5,neutral,0.0,neutral,neutral,neutral
11906.0,2015-10-08,"Available indicators of drilling activity, such as counts of rigs in operation, suggested spending would decline less rapidly in the third quarter.",22,negative,neutral,neutral,negative,-0.936,neutral,0.4680436192023592,negative,-0.128,neutral,neutral,positive
11907.0,2015-10-08,"On net, the level of GDP was anticipated to rise above its potential next year, and that gap was projected to widen gradually over the medium term.",27,positive,neutral,neutral,positive,0.9274,neutral,0.5,neutral,0.0,positive,neutral,neutral
11908.0,2016-02-17,"Consistent with the downside risk to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as skewed to the upside.",25,negative,negative,neutral,negative,-0.883,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
11909.0,2016-04-06,"Consistent with the downside risk to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as skewed to the upside.",25,negative,negative,neutral,negative,-0.883,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
11910.0,2016-05-18,"Manufacturing output decreased, partly reflecting the effects on export demand of earlier appreciation of the foreign exchange value of the dollar.",21,negative,neutral,neutral,negative,-0.955,positive,0.654052365591518,positive,0.6369,negative,neutral,neutral
11911.0,2016-05-18,Information on extraction and drilling activity for crude oil and natural gas in early April was consistent with further declines in mining output.,23,negative,neutral,neutral,negative,-0.964,negative,0.4265356063867507,negative,-0.296,negative,neutral,neutral
11912.0,2016-05-18,Credit conditions in municipal bond markets continued to be stable even as the situation facing Puerto Rico and its creditors deteriorated further.,22,neutral,neutral,neutral,positive,0.9187,positive,0.63920147454366,positive,0.5719,neutral,neutral,neutral
11913.0,2016-05-18,"Consistent with the downside risk to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as skewed to the upside.",25,negative,negative,neutral,negative,-0.883,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
11914.0,2016-07-06,"The employment report for May showed considerably weaker growth in payrolls than had been expected, and gains in previous months were revised down.",23,neutral,negative,neutral,negative,-0.965,positive,0.6163537111865438,positive,0.4741,negative,neutral,neutral
11915.0,2016-07-06,Almost all participants judged that the surprisingly weak May employment report increased their uncertainty about the outlook for the labor market.,21,neutral,negative,neutral,negative,-0.922,negative,0.449596780064486,negative,-0.2023,neutral,neutral,positive
11916.0,2016-08-17,"Equity price indexes increased, on net, despite an initial sharp decline following the Brexit vote, and corporate bond spreads declined on balance.",22,positive,neutral,neutral,positive,0.6686,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
11917.0,2016-08-17,Participants discussed the implications of recent economic and financial developments for the economic outlook and the risks attending the outlook.,20,neutral,neutral,neutral,neutral,0.0258,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
11918.0,2016-10-12,For any operation that involves standalone spot or forward transactions in foreign currencies:A. Approval of such operation is required as follows:,21,neutral,neutral,neutral,neutral,0.0114,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
11919.0,2016-10-12,"Although payrolls for state and local governments expanded in July and August, nominal construction spending by these governments declined in July.",21,negative,positive,neutral,negative,-0.89,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
11920.0,2016-11-23,Yield spreads for securities backed by credit card and auto loans over Treasury securities of comparable maturities were little changed on balance.,22,neutral,neutral,neutral,neutral,-0.216,positive,0.6904021378903575,positive,0.802,neutral,neutral,neutral
11921.0,2016-11-23,"Participants noted that economic growth in many foreign economies remained subdued, and that inflation rates abroad generally were still quite low.",21,negative,neutral,positive,negative,-0.837,neutral,0.5319563807976407,positive,0.128,negative,neutral,neutral
11922.0,2017-02-22,For any operation that involves standalone spot or forward transactions in foreign currencies:A. Approval of such operation is required as follows:,21,neutral,neutral,neutral,neutral,0.0114,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
11923.0,2017-08-16,Reports from District contacts on both manufacturing and services were also generally consistent with moderate growth in economic activity overall.,20,positive,neutral,neutral,positive,0.8942,positive,0.594307167585335,positive,0.3818,positive,neutral,neutral
11924.0,2017-11-22,Credit bureau data on loan originations and credit limits suggested that this tightening was most pronounced in the subprime segment of the market.,23,negative,neutral,neutral,negative,-0.67,positive,0.654052365591518,positive,0.6369,negative,neutral,neutral
11925.0,2017-11-22,"Although the hurricanes depressed payroll employment in September, the unemployment rate, which was less affected by the storms, declined further.",20,neutral,positive,neutral,negative,-0.914,negative,0.3146863905848918,negative,-0.7783,neutral,neutral,positive
11926.0,2018-02-21,For any operation that involves standalone spot or forward transactions in foreign currencies:A. Approval of such operation is required as follows:,21,neutral,neutral,neutral,neutral,0.0114,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
11927.0,2018-02-21,Incoming data suggested that economic activity abroad continued to expand at a solid pace and that this expansion was broad based across countries.,23,positive,neutral,neutral,positive,0.9288,positive,0.6083543386109735,positive,0.4404,positive,neutral,neutral
11928.0,2018-04-11,Recent data suggest that growth rates of household spending and business fixed investment have moderated from their strong fourth-quarter readings.,20,positive,neutral,neutral,negative,-0.22,positive,0.6703127684073539,positive,0.7096,neutral,neutral,positive
11929.0,2018-05-23,"In addition, a few observed that the neutral level of the federal funds rate might currently be lower than their estimates of its longer-run level.",25,neutral,neutral,neutral,negative,-0.922,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
11930.0,2018-11-29,"Household spending had continued to grow strongly, while growth of business fixed investment had moderated from its rapid pace earlier in the year.",23,positive,neutral,neutral,positive,0.7015,positive,0.63920147454366,positive,0.5719,positive,neutral,neutral
11931.0,2018-11-29,"Some contacts indicated that while input costs were higher, it appeared that the pass-through of these higher costs to consumer prices was limited.",23,neutral,neutral,neutral,positive,0.1466,negative,0.4436652116904393,negative,-0.2263,neutral,neutral,positive
11932.0,2018-11-29,"Household spending has continued to grow strongly, while growth of business fixed investment has moderated from its rapid pace earlier in the year.",23,positive,neutral,neutral,positive,0.8514,positive,0.63920147454366,positive,0.5719,positive,neutral,neutral
11933.0,2019-01-09,Some participants expressed an interest in learning more about possible options for new ceiling tools to provide firmer control of the policy rate.,23,neutral,neutral,neutral,positive,0.5689,positive,0.6127294642065295,positive,0.4588,neutral,neutral,positive
11934.0,2019-01-09,"Exports declined a little, with decreases in exports of agricultural products and capital goods, although exports of industrial supplies increased.",20,neutral,neutral,neutral,negative,-0.924,positive,0.654052365591518,positive,0.6369,neutral,neutral,positive
11935.0,2019-01-09,"The U.S. dollar appreciated modestly; although declines in U.S. yields weighed on the dollar, deteriorating global risk sentiment provided support.",20,neutral,neutral,positive,positive,0.84,positive,0.624947117938639,positive,0.5106,neutral,neutral,positive
11936.0,2019-01-09,"Household spending had continued to grow strongly, while growth of business fixed investment had moderated from its rapid pace earlier in the year.",23,positive,neutral,neutral,positive,0.7015,positive,0.63920147454366,positive,0.5719,positive,neutral,neutral
11937.0,2019-01-09,"Household spending had continued to grow strongly, while growth of business fixed investment had moderated from its rapid pace earlier in the year.",23,positive,neutral,neutral,positive,0.7015,positive,0.63920147454366,positive,0.5719,positive,neutral,neutral
11938.0,2019-01-09,"Household spending has continued to grow strongly, while growth of business fixed investment has moderated from its rapid pace earlier in the year.",23,positive,neutral,neutral,positive,0.8514,positive,0.63920147454366,positive,0.5719,positive,neutral,neutral
11939.0,2019-02-20,For any operation that involves standalone spot or forward transactions in foreign currencies:A. Approval of such operation is required as follows:,21,neutral,neutral,neutral,neutral,0.0114,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
11940.0,2019-04-10,"Total PCE price inflation was forecast to run a bit below core inflation over the next three years, reflecting projected declines in energy prices.",24,neutral,neutral,positive,negative,-0.81,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
11941.0,2019-04-10,"Participants cited various factors as likely to contribute to the step-down, including slower foreign growth and waning effects of fiscal stimulus.",21,negative,neutral,No majority found,negative,-0.83,positive,0.594307167585335,positive,0.3818,negative,neutral,neutral
11942.0,2019-05-22,These factors were thought to have helped buoy consumer and business confidence or to have mitigated short-term downside risks to the real economy.,23,positive,neutral,neutral,positive,0.9068,positive,0.6083543386109735,positive,0.4404,neutral,neutral,neutral
11943.0,2019-07-10,"Equity prices fell notably over the first few weeks of the period, primarily in response to the escalation of trade tensions with China and Mexico.",25,negative,neutral,neutral,negative,-0.965,negative,0.4211144841706044,negative,-0.3182,negative,neutral,neutral
11944.0,2019-10-09,Participants agreed that the labor market had remained strong over the intermeeting period and that economic activity had risen at a moderate rate.,23,positive,positive,neutral,positive,0.9315,positive,0.6682542826737791,positive,0.7003,positive,neutral,neutral
11945.0,2019-11-20,"Moreover, participants generally expected that trade uncertainty and sluggish global growth would continue to damp investment spending and exports.",19,negative,neutral,neutral,negative,-0.939,negative,0.4106691108495632,negative,-0.3612,negative,neutral,neutral
11946.0,2020-01-03,Participants agreed that the labor market had remained strong over the intermeeting period and that economic activity had risen at a moderate rate.,23,positive,positive,neutral,positive,0.9315,positive,0.6682542826737791,positive,0.7003,positive,neutral,neutral
11947.0,2020-02-19,For any operation that involves standalone spot or forward transactions in foreign currencies:A. Approval of such operation is required as follows:,21,neutral,neutral,neutral,neutral,0.0114,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
11948.0,2020-02-19,"Available monthly data suggested that imports fell significantly, led by declines in consumer goods and automobiles, while exports were about flat.",21,negative,neutral,neutral,negative,-0.957,positive,0.6083543386109735,positive,0.4404,neutral,neutral,neutral
11949.0,2020-04-08,"Yields on nominal Treasury securities plummeted across the maturity spectrum, with the 10- and 30-year yields reaching all-time lows at some point.",22,neutral,neutral,No majority found,negative,-0.96,positive,0.5734643936132494,positive,0.296,neutral,neutral,neutral
11950.0,2020-05-20,"This reading highlighted possible vulnerabilities in mortgage servicers, insurance companies, and large, highly leveraged financial intermediaries.",16,negative,neutral,neutral,negative,-0.83,neutral,0.5319563807976407,positive,0.128,neutral,neutral,neutral
11951.0,2020-10-07,"The unemployment rates for African Americans, Asians, and Hispanics declined over the past two months but remained well above the national average.",22,neutral,positive,neutral,negative,-0.833,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,neutral
11952.0,2020-10-07,Foreign economic activity plunged in the second quarter as a result of the COVID-19 pandemic and the associated restrictive measures to contain it.,23,negative,neutral,neutral,negative,-0.96,neutral,0.5,neutral,0.0,negative,neutral,neutral
11953.0,2020-11-25,"Total nonfarm payroll employment expanded strongly in September, but the gain was markedly below the even larger increases seen in previous months.",22,neutral,positive,neutral,positive,0.384,positive,0.6993490465266773,positive,0.8442,positive,neutral,neutral
11954.0,2020-11-25,Uncertainty about additional U.S. fiscal stimulus and the outcome of the U.S. presidential election also caused some asset price volatility abroad.,21,negative,neutral,neutral,negative,-0.903,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,positive
11955.0,2020-11-25,"However, the uncertainty surrounding earning prospects was reportedly making many business owners less willing to take on debt at prevailing terms.",21,negative,neutral,neutral,negative,-0.943,negative,0.4008559301877525,negative,-0.4019,neutral,neutral,positive
11956.0,2021-01-06,Market participants had highlighted that uncertainty nevertheless remained high and had pointed to several prominent risks to the economic outlook.,20,negative,neutral,neutral,negative,-0.67,neutral,0.5128971385098865,positive,0.0516,neutral,neutral,neutral
11957.0,2021-01-06,Short-term delinquencies and defaults remained relatively elevated but significantly lower than the levels observed following the financial crisis.,18,negative,neutral,neutral,negative,-0.761,negative,0.3240765667941439,negative,-0.7351,neutral,neutral,neutral
11958.0,2021-02-17,For any operation that involves standalone spot or forward transactions in foreign currencies:A. Approval of such operation is required as follows:,21,neutral,neutral,neutral,neutral,0.0114,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
11959.0,2021-02-17,"Spreads on agency CMBS ticked down, on net, and issuance remained elevated through December, although below its recent historical high in October.",22,No majority found,neutral,neutral,negative,-0.962,neutral,0.5,neutral,0.0,neutral,neutral,neutral
11960.0,2021-05-19,Total PCE price inflation was 1.6 percent over the 12 months ending in February and continued to be held down by low rates of resource utilization.,26,negative,neutral,positive,negative,-0.948,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
11961.0,2021-05-19,The staff noted that corporate bond spreads had declined notably since late last year and were at the lower ends of their historical distributions.,24,positive,neutral,neutral,negative,-0.963,negative,0.4321216689988913,negative,-0.2732,positive,neutral,neutral
11962.0,2021-07-07,"Lower term premiums appeared to be a significant component of the declines, as reflected by lower implied volatility on longer-term interest rates.",22,negative,neutral,neutral,negative,-0.833,neutral,0.5382004122365355,positive,0.1531,neutral,neutral,positive
11963.0,2021-07-07,"For commercial real estate (CRE) financed through capital markets, financing conditions remained mostly accommodative over the intermeeting period.",18,positive,neutral,neutral,neutral,-0.014,neutral,0.5,neutral,0.0,neutral,neutral,neutral
11964.0,2021-10-13,"In the euro area and the United Kingdom, higher-than-expected inflation data contributed to the rise in yields and inflation compensation measures.",21,neutral,neutral,negative,positive,0.908,positive,0.6038421309156661,positive,0.4215,neutral,neutral,positive
11965.0,2022-01-05,A couple of others noted the risk that persistent real wage growth in excess of productivity growth could trigger inflationary wageprice dynamics.,22,neutral,No majority found,negative,negative,-0.931,positive,0.6661448670999395,positive,0.6908,neutral,neutral,positive
11966.0,2022-01-05,Supply and demand imbalances related to the pandemic and the reopening of the economy have continued to contribute to elevated levels of inflation.,23,neutral,neutral,negative,negative,-0.888,neutral,0.4680436192023592,negative,-0.128,neutral,neutral,positive
11967.0,2022-02-16,For any operation that involves standalone spot or forward transactions in foreign currencies:A. Approval of such operation is required as follows:,21,neutral,neutral,neutral,neutral,0.0114,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
11968.0,2022-02-16,"Far forward real yields moved higher over the period, with much of the increase following the release of the minutes for the December FOMC meeting.",25,neutral,neutral,neutral,positive,0.9263,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
11969.0,2022-02-16,Supply and demand imbalances related to the pandemic and the reopening of the economy have continued to contribute to elevated levels of inflation.,23,neutral,neutral,negative,negative,-0.888,neutral,0.4680436192023592,negative,-0.128,neutral,neutral,positive
11970.0,2022-04-06,"The effective federal funds rate and the Secured Overnight Financing Rate generally held steady at 8 basis points and 5 basis points, respectively.",23,neutral,neutral,neutral,neutral,0.0088,positive,0.6904021378903575,positive,0.802,neutral,neutral,positive
11971.0,2022-04-06,They further judged that ongoing increases in the target range for the federal funds rate would be warranted to achieve the Committee's objectives.,23,neutral,neutral,No majority found,positive,0.8748,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
11972.0,2022-05-25,"The unemployment rates for African Americans and for Hispanics moved lower, though both rates remained noticeably higher than the national average.",21,neutral,positive,neutral,negative,-0.766,negative,0.3486678448481406,negative,-0.6249,neutral,neutral,positive
11973.0,2022-07-06,"The private-sector job openings rate, as measured by the Job Openings and Labor Turnover Survey, edged lower in April but remained at a high level.",25,neutral,positive,neutral,negative,-0.935,negative,0.4265356063867507,negative,-0.296,neutral,neutral,neutral
11974.0,2022-07-06,"A couple of participants raised the possibility that tight labor markets would spur investment in automation by firms, boosting labor productivity.",21,positive,negative,neutral,positive,0.916,positive,0.5991440698122475,positive,0.4019,positive,neutral,neutral
11975.0,2022-08-17,"Nominal wage growth continued to be rapid and broad based, with average hourly earnings having risen 5.1 percent over the 12 months ending in June.",25,neutral,positive,neutral,positive,0.9341,positive,0.594307167585335,positive,0.3818,positive,neutral,neutral
11976.0,2022-11-23,The number of home-purchase and refinance mortgage originations were about flat in August and September but down significantly from late last year.,22,negative,neutral,neutral,negative,-0.964,neutral,0.5192904202999741,positive,0.0772,neutral,neutral,neutral
11977.0,2023-02-22,"The market-implied federal funds rate path for 2023 was little changed, on net, during the intermeeting period but fell moderately beyond mid-2024.",22,neutral,neutral,neutral,negative,-0.933,neutral,0.5,neutral,0.0,neutral,neutral,neutral
11978.0,2023-02-22,"Interest rates on existing credit cards continued to increase in recent months, and interest rates on new auto loans also rose through mid-January.",23,negative,neutral,neutral,positive,0.9286,positive,0.7051616859142585,positive,0.872,neutral,neutral,positive
11979.0,2023-02-22,A few participants remarked that recent failures of companies involved in crypto finance have had a limited effect on the broader financial system.,23,negative,neutral,neutral,negative,-0.821,negative,0.345947634408482,negative,-0.6369,neutral,neutral,neutral
11980.0,2006-01-03,Members concurred that the statement should note that the expansion remained solid despite elevated energy prices and hurricane-related disruptions.,19,positive,neutral,negative,positive,0.917,negative,0.4001836399874454,negative,-0.4047,positive,neutral,neutral
11981.0,2006-02-21,M2 expanded at a somewhat faster pace in the fourth quarter than had been predicted from historical relationships with income and opportunity costs.,23,neutral,neutral,negative,positive,0.9309,positive,0.6513321551518594,positive,0.6249,positive,neutral,neutral
11982.0,2006-04-18,"To date, unit labor costs were not placing pressure on inflation, and high profit margins left firms a considerable buffer to absorb cost increases.",24,neutral,neutral,positive,positive,0.655,positive,0.6038421309156661,positive,0.4215,neutral,neutral,positive
11983.0,2006-05-31,"While manufacturing growth for the first quarter as a whole slowed from the rapid pace of the fourth quarter, it exceeded that of the previous year.",26,positive,neutral,neutral,negative,-0.888,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
11984.0,2006-05-31,"Domestic nonfinancial sector debt was estimated to have grown at a robust pace in the first quarter, down only slightly from the brisk pace of 2005.",26,neutral,neutral,neutral,negative,-0.916,neutral,0.5133468285438566,positive,0.0534,positive,neutral,neutral
11985.0,2006-05-31,"And, even if nominal wages should accelerate somewhat, relatively wide profit margins could buffer the effect on prices of final goods and services.",23,neutral,neutral,positive,positive,0.7777,positive,0.6624653314639486,positive,0.6743,neutral,neutral,positive
11986.0,2006-07-20,The pass-through of the substantial rise in energy prices could account for a considerable part of the step-up in core inflation in recent quarters.,24,neutral,neutral,negative,neutral,0.3456,positive,0.6083543386109735,positive,0.4404,neutral,neutral,positive
11987.0,2007-10-09,Growth of nonfinancial domestic debt was estimated to have slowed a little in the third quarter from the average pace in the first half of the year.,27,neutral,neutral,neutral,negative,-0.949,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,neutral
11988.0,2008-01-02,"TIPS yields fell less than their nominal counterparts, implying modest declines in inflation compensation both at the five-year and longer horizons.",21,neutral,neutral,positive,negative,-0.811,neutral,0.5,neutral,0.0,neutral,neutral,positive
11989.0,2008-02-20,"In this context, the Committee judged that some inflation risk remained and said that it would continue to monitor inflation developments carefully.",22,neutral,neutral,negative,neutral,0.161,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
11990.0,2008-04-08,"Real outlays for nondurable and durable consumer goods, including automobiles, were estimated to have declined, on average, in January and February.",21,negative,neutral,neutral,negative,-0.964,positive,0.6083543386109735,positive,0.4404,negative,neutral,neutral
11991.0,2008-04-08,"Most other categories of imports dropped in December and January on net, with especially large declines in imports of automotive and consumer goods.",23,negative,neutral,neutral,negative,-0.965,neutral,0.5342462962794261,positive,0.1372,neutral,neutral,neutral
11992.0,2008-04-08,"In discussing the external sector of the economy, some participants indicated that net exports remained a notable source of support for the economy.",23,positive,neutral,neutral,positive,0.8618,positive,0.5991440698122475,positive,0.4019,neutral,neutral,positive
11993.0,2008-07-16,"Manufacturing output also fell in April and was unchanged in May; over the two months, factory production slowed across a broad range of industries.",24,negative,neutral,neutral,negative,-0.966,neutral,0.5,neutral,0.0,negative,neutral,neutral
11994.0,2008-07-16,"Over the intermeeting period, spreads of rates on conforming residential mortgages over comparable-maturity Treasury securities remained about flat.",18,neutral,neutral,neutral,negative,-0.42,positive,0.6210247413644827,positive,0.4939,neutral,neutral,neutral
11995.0,2008-10-07,"Tight conditions in mortgage markets over the summer continued to restrain housing demand, especially for borrowers seeking nonconforming mortgages.",19,negative,neutral,neutral,negative,-0.96,neutral,0.4680436192023592,negative,-0.128,negative,neutral,neutral
11996.0,2008-11-19,"Measures of consumer sentiment dropped in October to near or below their low levels of midyear, with the Conference Board measure exceptionally low.",23,negative,neutral,neutral,negative,-0.967,negative,0.3433050934392716,negative,-0.6486,negative,neutral,neutral
11997.0,2009-01-06,"The unemployment rate climbed to 6.7 percent in November, while the labor force participation rate fell after remaining steady for much of the year.",24,neutral,negative,neutral,negative,-0.953,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
11998.0,2009-01-06,"Sales of existing single-family homes changed little, although a drop in pending home sales in October pointed to further declines in the near term.",24,negative,neutral,neutral,negative,-0.907,negative,0.4491761350327461,negative,-0.204,neutral,neutral,neutral
11999.0,2009-02-18,"In other cases, the Federal Reserve eventually may have to take a more active role in scaling back programs by adjusting their terms and conditions.",25,neutral,neutral,neutral,neutral,-0.137,positive,0.5991440698122475,positive,0.4019,neutral,neutral,neutral
12000.0,2009-04-08,"Expenditures were being cut substantially for a wide range of capital equipment, and spending on nonresidential structures had recently turned down.",21,negative,neutral,neutral,negative,-0.959,negative,0.4321216689988913,negative,-0.2732,negative,neutral,neutral
12001.0,2009-05-20,"As of April 22, the System's total assets and liabilities were close to $2.2 trillion, about $130 billion higher than just before the March meeting.",25,positive,neutral,neutral,positive,0.7513,neutral,0.5443580731214791,positive,0.1779,neutral,neutral,positive
12002.0,2009-07-15,Rates for conforming 30-year fixed-rate mortgages rose on net between late April and late June but remained below the levels seen over most of 2008.,25,neutral,neutral,neutral,negative,-0.337,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12003.0,2009-07-15,"Purchasing managers indexes rebounded from the exceptionally low levels reached in the first quarter, and industrial production stabilized somewhat.",19,neutral,neutral,neutral,positive,0.7796,negative,0.4361505011420874,negative,-0.2568,neutral,neutral,neutral
12004.0,2009-07-15,The expected path of the federal funds rate implied by futures prices was largely unchanged by the release of the Committee's statement and minutes.,24,neutral,neutral,neutral,neutral,-0.053,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12005.0,2009-07-15,"Over the intermeeting period, functioning in the market for Treasury securities generally improved and trading picked up, but some strains remained.",21,positive,neutral,neutral,positive,0.5688,positive,0.6703127684073539,positive,0.7096,positive,neutral,neutral
12006.0,2009-07-15,Participants noted the considerable uncertainty surrounding estimates of the output and unemployment gaps and the extent of their effects on prices.,21,negative,negative,neutral,negative,-0.91,negative,0.3433050934392716,negative,-0.6486,neutral,neutral,neutral
12007.0,2009-09-02,"The on-the-run liquidity premium for the 10-year Treasury note was little changed at elevated levels, although it was well below its peak last fall.",24,neutral,neutral,neutral,negative,-0.45,positive,0.5504032199355139,positive,0.2023,neutral,neutral,neutral
12008.0,2010-01-06,The staff interpreted the increases in prices of energy and nonmarket services that recently boosted consumer price inflation as largely transitory.,21,neutral,neutral,negative,negative,-0.374,positive,0.6741246306283071,positive,0.7269,neutral,neutral,positive
12009.0,2010-02-17,Spreads on A2/P2-rated commercial paper (CP) and AA-rated asset-backed CP held steady at the low end of the range that has prevailed since mid-2007.,24,neutral,neutral,neutral,negative,-0.774,neutral,0.5256524569705925,positive,0.1027,neutral,neutral,neutral
12010.0,2010-05-19,"The drop in commercial real estate loans persisted, reflecting weak fundamentals that limited originations as well as charge-offs of existing loans.",21,negative,neutral,neutral,negative,-0.96,negative,0.3515119200515958,negative,-0.6124,negative,neutral,neutral
12011.0,2010-08-31,"The central banks of a number of EMEs, including Brazil, Chile, India, Malaysia, South Korea, Taiwan, and Thailand, increased policy interest rates.",22,neutral,neutral,No majority found,positive,0.6617,positive,0.6639172257204139,positive,0.6808,neutral,neutral,positive
12012.0,2010-10-12,Conditions in short-term funding markets continued to improve following the recent stresses related to concerns about financial stability in Europe.,20,neutral,neutral,neutral,positive,0.9385,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,neutral
12013.0,2010-10-12,The softer tone of incoming economic data suggested that the underlying level of demand was weaker than projected at the time of the August meeting.,25,negative,neutral,neutral,negative,-0.961,negative,0.3712868889590731,negative,-0.5267,negative,neutral,neutral
12014.0,2011-01-04,"Although inventory-sales ratios rose during the third quarter, survey data implied that few businesses perceived inventory stocks as being too high.",21,positive,neutral,neutral,positive,0.1067,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12015.0,2011-01-04,"The spread between mortgage rates and MBS yields dropped back, reversing the widening of the spread that occurred over the preceding several months.",23,No majority found,neutral,neutral,negative,-0.943,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12016.0,2011-01-04,"Although consumer credit contracted in the third quarter, the decline was the smallest since late 2008, and consumer credit edged higher in October.",23,neutral,neutral,neutral,negative,-0.939,positive,0.654052365591518,positive,0.6369,neutral,neutral,positive
12017.0,2011-02-16,Participants noted that many of the factors that contributed to the recent apparent rise in structural unemployment were likely to recede over time.,23,neutral,negative,neutral,negative,-0.371,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,neutral
12018.0,2011-02-16,"The unemployment rate decreased to 9.4 percent in December, but this decline in part reflected a further drop in the labor force participation rate.",24,neutral,positive,neutral,negative,-0.95,negative,0.3515119200515958,negative,-0.6124,neutral,neutral,positive
12019.0,2011-02-16,"In December and early January, survey measures of households' long-term inflation expectations stayed in the range that has prevailed for some time.",22,neutral,neutral,neutral,negative,-0.568,neutral,0.5,neutral,0.0,neutral,neutral,positive
12020.0,2011-02-16,Participants' judgment that the economic recovery was on a firmer footing was supported by the strength in household spending in the fourth quarter.,23,positive,neutral,neutral,positive,0.9282,positive,0.6703127684073539,positive,0.7096,positive,neutral,neutral
12021.0,2011-04-05,"On net, expectations for the federal funds rate, along with yields on nominal Treasury securities, were little changed over the intermeeting period.",22,neutral,neutral,neutral,neutral,0.0477,positive,0.6210247413644827,positive,0.4939,neutral,neutral,neutral
12022.0,2011-05-18,Most participants saw changes in the target for the federal funds rate as the preferred active tool for tightening monetary policy when appropriate.,23,neutral,neutral,neutral,neutral,0.0553,positive,0.5991440698122475,positive,0.4019,neutral,neutral,neutral
12023.0,2011-05-18,"Gross public equity issuance by nonfinancial firms was robust in March, and indicators of the credit quality of nonfinancial firms improved further.",22,positive,neutral,neutral,positive,0.9429,positive,0.642423863346449,positive,0.5859,positive,neutral,neutral
12024.0,2011-07-12,"Delinquency rates for consumer debt edged down further in recent months, with delinquency rates on some categories moving back to pre-crisis levels.",22,positive,neutral,neutral,negative,-0.942,negative,0.3175616978069352,negative,-0.765,neutral,neutral,neutral
12025.0,2011-07-12,"The run-up in energy prices, as well as an increase in prices of other commodities and imported goods, had boosted both headline and core inflation.",25,neutral,neutral,negative,positive,0.8677,positive,0.6985073366421095,positive,0.8402,neutral,neutral,positive
12026.0,2011-08-30,A few participants noted that a reduction in the interest rate paid on excess reserve balances could also be helpful in easing financial conditions.,24,neutral,neutral,neutral,positive,0.9012,positive,0.6866491556388117,positive,0.7845,neutral,neutral,positive
12027.0,2011-10-12,A number of participants judged that a reduction would result in at least marginally lower money market rates and could help stimulate bank lending.,24,neutral,neutral,neutral,positive,0.8645,positive,0.6166610650110337,positive,0.4754,neutral,neutral,positive
12028.0,2011-10-12,"Monthly U.S. consumer price inflation picked up in July and August after slowing in May and June, but remained a bit lower than earlier in the year.",27,neutral,neutral,negative,negative,-0.239,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12029.0,2012-01-03,Meeting participants observed that financial markets remained volatile over the intermeeting period in large part because of developments in Europe.,20,neutral,neutral,neutral,negative,-0.762,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12030.0,2012-02-15,"Reports from business contacts indicated that activity in the manufacturing, energy, and agricultural sectors continued to advance in recent months.",20,positive,neutral,neutral,positive,0.9298,positive,0.5678783310011088,positive,0.2732,positive,neutral,neutral
12031.0,2012-02-15,Another participant cited reports from business contacts indicating that credit standards in mortgage lending were becoming somewhat less stringent.,19,No majority found,neutral,negative,negative,-0.186,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12032.0,2012-04-03,Initial claims for unemployment insurance trended lower over the intermeeting period and were at a level consistent with further moderate job gains.,22,neutral,positive,neutral,negative,-0.924,neutral,0.4556419268785208,negative,-0.1779,positive,neutral,neutral
12033.0,2012-04-03,"Moreover, households' net worth grew in the fourth quarter of last year and likely was boosted further by gains in equity values thus far this year.",26,positive,neutral,neutral,positive,0.938,positive,0.7017196187674296,positive,0.8555,positive,neutral,neutral
12034.0,2012-05-16,Staff Review of the Economic SituationThe information reviewed at the April 24-25 meeting suggested that economic activity was expanding moderately.,20,positive,neutral,neutral,positive,0.927,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12035.0,2012-07-11,"Business fixed investment had continued to advance, and household spending appeared to be rising at a somewhat slower pace than earlier in the year.",24,positive,neutral,neutral,positive,0.2992,neutral,0.5,neutral,0.0,positive,neutral,neutral
12036.0,2012-10-04,"On balance, the nominal Treasury yield curve steepened over the intermeeting period, with yields on longer-dated Treasury securities rising notably.",20,positive,neutral,neutral,positive,0.8941,positive,0.6484880799484042,positive,0.6124,neutral,neutral,positive
12037.0,2012-10-04,Option-implied volatility on the S&P 500 index fell in early August to levels not seen since the middle of 2007; it subsequently partially retraced.,24,No majority found,neutral,neutral,negative,-0.967,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12038.0,2012-10-04,"For the duration of this program, the Committee directs the Desk to suspend its policy of rolling over maturing Treasury securities into new issues.",24,neutral,neutral,neutral,neutral,-0.125,positive,0.63920147454366,positive,0.5719,neutral,neutral,positive
12039.0,2012-11-14,"For the duration of this program, the Committee directs the Desk to suspend its policy of rolling over maturing Treasury securities into new issues.",24,neutral,neutral,neutral,neutral,-0.125,positive,0.63920147454366,positive,0.5719,neutral,neutral,positive
12040.0,2013-11-20,"Measures of firms' hiring plans improved, the rate of job openings increased slightly, and the rate of long-duration unemployment declined a little.",22,neutral,positive,neutral,positive,0.7455,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12041.0,2013-11-20,"In addition, financial markets were affected for a time by uncertainties about raising the federal debt limit and resolving the government shutdown.",22,negative,neutral,neutral,negative,-0.953,negative,0.4211144841706044,negative,-0.3182,neutral,neutral,positive
12042.0,2013-11-20,Financial quotes suggested that markets moved out the date at which they expected to see the Committee first increase the federal funds rate target.,24,neutral,neutral,neutral,neutral,0.0266,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12043.0,2014-08-20,The staff detailed a possible approach for implementing and communicating monetary policy once the Committee begins to tighten the stance of policy.,22,neutral,neutral,neutral,neutral,0.1181,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12044.0,2014-08-20,The staff continued to project that real GDP would expand at a faster pace in the second half of this year and over the next two years than in 2013.,30,positive,neutral,neutral,positive,0.9212,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12045.0,2014-10-08,"As a consequence, they updated the language in the statement to indicate that inflation had been running below the Committee's longer-run objective.",22,neutral,neutral,positive,negative,-0.918,neutral,0.5,neutral,0.0,neutral,neutral,positive
12046.0,2014-11-19,"Nominal business spending for new nonresidential construction decreased in August, and vacancy rates for nonresidential buildings remained elevated.",18,negative,neutral,neutral,negative,-0.932,neutral,0.5,neutral,0.0,negative,neutral,neutral
12047.0,2015-01-07,"Market-based measures of inflation compensation declined further, while survey-based measures of longer-term inflation expectations remained stable.",16,neutral,neutral,positive,negative,-0.91,positive,0.5734643936132494,positive,0.296,neutral,neutral,positive
12048.0,2015-02-18,"Nonetheless, many participants agreed that the use of term RRP operations during the period of policy tightening could be useful in some situations.",23,neutral,neutral,neutral,positive,0.5304,positive,0.6591929943933286,positive,0.6597,neutral,neutral,positive
12049.0,2015-02-18,"Consumer price inflation moved further below the FOMC's longer-run objective of 2 percent, held down by continuing large decreases in energy prices.",22,neutral,neutral,positive,negative,-0.934,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12050.0,2015-02-18,The fall had occurred despite the strengthening U.S. economic outlook and market expectations that policy normalization could begin later this year.,21,neutral,neutral,neutral,negative,-0.935,negative,0.4400152908566104,negative,-0.2411,neutral,neutral,positive
12051.0,2015-05-20,"The deputy manager followed with a review of System open market operations conducted during the period since the Committee met on March 17-18, 2015.",24,neutral,neutral,neutral,neutral,0.0062,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12052.0,2015-05-20,"Market-based measures of inflation compensation remained low, while survey-based measures of longer-term inflation expectations had remained stable.",17,neutral,neutral,positive,negative,-0.861,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,neutral
12053.0,2015-05-20,Many participants noted that measures of inflation averaged over several months or more continued to run below the Committee's longer-run objective.,21,neutral,neutral,positive,negative,-0.934,neutral,0.5,neutral,0.0,neutral,neutral,positive
12054.0,2015-05-20,"Market-based measures of inflation compensation remained low, while survey-based measures of longer-term inflation expectations had remained stable.",17,neutral,neutral,positive,negative,-0.861,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,neutral
12055.0,2015-07-08,The manager also discussed System open market operations conducted by the Open Market Desk during the period since the Committee met on April 28-29.,24,neutral,neutral,neutral,neutral,0.0018,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12056.0,2015-07-08,Growth in real personal consumption expenditures (PCE) appeared to pick up early in the second quarter from its modest pace in the previous quarter.,24,positive,neutral,neutral,positive,0.9213,positive,0.594307167585335,positive,0.3818,positive,neutral,neutral
12057.0,2015-07-08,Respondents again saw the September 2015 FOMC meeting as the most likely time for the first increase in the target range for the federal funds rate.,26,neutral,neutral,neutral,positive,0.4702,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12058.0,2015-08-19,Members generally agreed that additional information on the outlook would be necessary before deciding to implement an increase in the target range.,22,neutral,neutral,neutral,neutral,0.3575,positive,0.642423863346449,positive,0.5859,neutral,neutral,positive
12059.0,2015-10-08,"In manufacturing, the auto industry remained a bright spot, but the appreciation of the dollar was still restraining production of goods for export.",23,negative,neutral,neutral,negative,-0.898,positive,0.6993490465266773,positive,0.8442,positive,neutral,neutral
12060.0,2015-11-18,"Consistent with this downside risk to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.676,negative,0.3052332371262195,negative,-0.8225,negative,neutral,neutral
12061.0,2016-01-06,"Issuance of investment-grade corporate bonds and institutional leveraged loans remained solid, buoyed by demand to finance mergers and acquisitions.",19,positive,neutral,neutral,positive,0.9245,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,positive
12062.0,2016-01-06,Gradual adjustments in the federal funds rate would also allow policymakers to assess how the economy was responding to increases in interest rates.,23,neutral,neutral,neutral,neutral,0.2245,positive,0.675923433205856,positive,0.7351,neutral,neutral,neutral
12063.0,2016-02-17,Financing conditions for nonfinancial businesses remained accommodative for firms of higher credit quality but tightened somewhat for riskier firms.,19,negative,neutral,neutral,positive,0.7437,positive,0.5674856603872683,positive,0.2716,neutral,neutral,neutral
12064.0,2016-05-18,"Nevertheless, recent readings on key factors that influence consumer spending were consistent with a pickup in real PCE growth in the coming months.",23,neutral,neutral,neutral,positive,0.0271,positive,0.594307167585335,positive,0.3818,positive,neutral,neutral
12065.0,2016-07-06,Market-based estimates of the probability of a hike in the federal funds rate at the June FOMC meeting were variable during the intermeeting period.,24,neutral,neutral,neutral,negative,-0.425,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12066.0,2016-07-06,"Consistent with the downside risks to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.575,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
12067.0,2016-08-17,"One-month-ahead option-implied volatility on the S&P 500 index--the VIX--fell, returning to the lower end of its distribution of the past few years.",22,No majority found,neutral,neutral,negative,-0.963,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12068.0,2016-08-17,"Consistent with the downside risks to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.575,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
12069.0,2016-08-17,"In addition, it was pointed out that the upward trend in investment in intellectual property products was a positivee in the outlook for investment.",24,positive,neutral,neutral,positive,0.9313,positive,0.624947117938639,positive,0.5106,positive,neutral,neutral
12070.0,2016-10-12,"All transactions in foreign currencies undertaken pursuant to paragraph 1 above shall, unless otherwise authorized by the Committee, be conducted:A.",20,neutral,neutral,neutral,neutral,-0.018,neutral,0.5,neutral,0.0,neutral,neutral,positive
12071.0,2016-10-12,"Consistent with the downside risks to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.575,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
12072.0,2016-11-23,Measures of longer-run inflation expectations from the Desk's Survey of Primary Dealers and Survey of Market Participants were unchanged in October.,21,neutral,neutral,neutral,negative,-0.596,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12073.0,2016-11-23,"Consistent with the downside risks to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.575,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
12074.0,2017-01-04,"Consistent with the downside risks to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.575,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
12075.0,2017-02-22,"All transactions in foreign currencies undertaken pursuant to paragraph 1 above shall, unless otherwise authorized by the Committee, be conducted:A.",20,neutral,neutral,neutral,neutral,-0.018,neutral,0.5,neutral,0.0,neutral,neutral,positive
12076.0,2017-02-22,"Altogether, the change in real net exports was estimated to have made a substantial nagativee contribution to real GDP growth in the fourth quarter.",24,negative,neutral,neutral,negative,-0.954,positive,0.6287131110409269,positive,0.5267,negative,neutral,neutral
12077.0,2017-02-22,"Consistent with the downside risks to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.575,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
12078.0,2017-04-05,"The unemployment rate edged back down to 4.7 percent in February, and the labor force participation rate rose over the first two months of the year.",26,neutral,positive,neutral,negative,-0.938,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12079.0,2017-04-05,"Meanwhile, spreads of yields on bonds issued by nonfinancial corporations over those on comparable-maturity Treasury securities were little changed.",19,neutral,neutral,neutral,neutral,0.0433,positive,0.6210247413644827,positive,0.4939,neutral,neutral,neutral
12080.0,2017-04-05,"Consistent with the downside risks to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.575,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
12081.0,2017-05-24,"Consistent with the downside risks to aggregate demand, the staff viewed the risks to its outlook for the unemployment rate as tilted to the upside.",25,negative,negative,neutral,negative,-0.575,negative,0.3052332371262195,negative,-0.8225,neutral,neutral,positive
12082.0,2017-11-22,"Sales of new homes increased notably over the two months ending in September, although sales of existing homes decreased somewhat over that period.",23,positive,neutral,neutral,positive,0.4682,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12083.0,2018-02-21,"All transactions in foreign currencies undertaken pursuant to paragraph 1 above shall, unless otherwise authorized by the Committee, be conducted:A.",20,neutral,neutral,neutral,neutral,-0.018,neutral,0.5,neutral,0.0,neutral,neutral,positive
12084.0,2018-02-21,"Total industrial production increased over the two months ending in December, with broad-based gains in manufacturing, mining, and utilities output.",20,positive,neutral,neutral,positive,0.9328,positive,0.6661448670999395,positive,0.6908,positive,neutral,neutral
12085.0,2018-04-11,"On the upside, recent fiscal policy changes could lead to a greater expansion in economic activity over the next few years than the staff projected.",25,positive,neutral,neutral,positive,0.8938,positive,0.6513321551518594,positive,0.6249,positive,neutral,neutral
12086.0,2018-04-11,"Many participants reported considerable optimism among the business contacts in their Districts, consistent with a firming in business expenditures.",19,positive,neutral,neutral,positive,0.8176,positive,0.6323472939616752,positive,0.5423,positive,neutral,neutral
12087.0,2018-04-11,Recent data suggested that growth rates of household spending and business fixed investment had moderated from their strong fourth-quarter readings.,20,neutral,neutral,neutral,negative,-0.703,positive,0.6703127684073539,positive,0.7096,neutral,neutral,positive
12088.0,2018-05-23,"On the upside, recent fiscal policy changes could lead to a greater expansion in economic activity over the next few years than the staff projected.",25,positive,neutral,neutral,positive,0.8938,positive,0.6513321551518594,positive,0.6249,positive,neutral,neutral
12089.0,2018-07-05,"Gross issuance of municipal bonds in April and May was solid, as issuance continued to recover from the slow pace recorded at the start of the year.",27,positive,neutral,neutral,positive,0.9141,negative,0.4106691108495632,negative,-0.3612,positive,neutral,neutral
12090.0,2018-07-05,"On the upside, recent fiscal policy changes could lead to a greater expansion in economic activity over the next few years than the staff projected.",25,positive,neutral,neutral,positive,0.8938,positive,0.6513321551518594,positive,0.6249,positive,neutral,neutral
12091.0,2018-11-29,"Payrolls had increased strongly in October, and measures of labor market tightness such as rates of job openings and quits continued to be elevated.",24,neutral,positive,neutral,negative,-0.282,positive,0.6287131110409269,positive,0.5267,positive,neutral,neutral
12092.0,2019-01-09,"Financing conditions in the residential mortgage market also remained accommodative for most borrowers, but the demand for mortgage credit softened.",20,negative,neutral,neutral,positive,0.5405,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12093.0,2019-01-09,Participants agreed to continue to monitor financial market developments and assess the implications of these developments for the economic outlook.,20,neutral,neutral,neutral,positive,0.6961,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12094.0,2019-02-20,"All transactions in foreign currencies undertaken pursuant to paragraph 1 above shall, unless otherwise authorized by the Committee, be conducted:A.",20,neutral,neutral,neutral,neutral,-0.018,neutral,0.5,neutral,0.0,neutral,neutral,positive
12095.0,2019-02-20,Core PCE price inflation was still expected to step up to 2 percent over this year as a whole and then to run at that level through the medium term.,30,neutral,neutral,positive,positive,0.9032,neutral,0.5,neutral,0.0,neutral,neutral,positive
12096.0,2019-02-20,"In addition, a few participants noted that recent declines in oil or gasoline prices had damped plans for capital expenditures in the energy sector.",24,negative,neutral,positive,negative,-0.95,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12097.0,2019-04-10,"The employment cost index for private-sector workers increased 3 percent over the 12 months ending in December, somewhat faster than a year earlier.",23,neutral,negative,neutral,positive,0.9284,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12098.0,2019-04-10,"Consistent with reports about a potential trade deal, stock prices of firms with greater exposure to China generally outperformed the S&P 500 index.",23,positive,neutral,neutral,positive,0.7376,positive,0.6513321551518594,positive,0.6249,positive,neutral,neutral
12099.0,2019-04-10,"On the downside, the recent softening in a number of economic indicators could be the harbinger of a substantial deterioration in economic activity.",23,negative,neutral,neutral,negative,-0.94,neutral,0.5064496422423137,neutral,0.0258,negative,neutral,neutral
12100.0,2019-04-10,"Moreover, trade policies and foreign economic developments could move in directions that have significant nagativee effects on U.S. economic growth.",20,negative,neutral,neutral,negative,-0.864,positive,0.6287131110409269,positive,0.5267,negative,neutral,neutral
12101.0,2019-05-22,The Bureau of Economic Analysis estimated that the contribution of net exports to real GDP growth in the first quarter was about 1 percentage point.,25,No majority found,neutral,neutral,neutral,0.2014,positive,0.594307167585335,positive,0.3818,positive,neutral,neutral
12102.0,2019-05-22,"Moreover, trade policies and foreign economic developments could move in directions that have significant nagativee effects on U.S. economic growth.",20,negative,neutral,neutral,negative,-0.864,positive,0.6287131110409269,positive,0.5267,negative,neutral,neutral
12103.0,2019-08-21,"In the commercial real estate (CRE) sector, financing conditions remained generally accommodative despite a modest deceleration in bank loan growth.",20,negative,neutral,neutral,positive,0.8044,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12104.0,2019-10-09,Participants' Discussion of Recent Money Market DevelopmentsThe manager pro tem provided a summary of the most recent developments in money markets.,21,neutral,neutral,neutral,neutral,0.0259,neutral,0.5,neutral,0.0,neutral,neutral,positive
12105.0,2019-11-20,A few participants observed that valuations in equity and bond markets were high by historical standards and that CRE valuations were also elevated.,23,No majority found,neutral,neutral,positive,0.9118,neutral,0.5,neutral,0.0,neutral,neutral,positive
12106.0,2020-01-03,"In addition to helping keep reserves ample, repo operations likely have reduced pressures in money markets and the dispersion in money market rates.",23,neutral,neutral,No majority found,positive,0.883,neutral,0.5319563807976407,positive,0.128,neutral,neutral,positive
12107.0,2020-01-03,"Both the rate of private-sector job openings and the rate of quits edged down in September, but these readings were still at fairly elevated levels.",25,neutral,negative,neutral,negative,-0.934,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12108.0,2020-02-19,"All transactions in foreign currencies undertaken pursuant to paragraph 1 above shall, unless otherwise authorized by the Committee, be conducted:A.",20,neutral,neutral,neutral,neutral,-0.018,neutral,0.5,neutral,0.0,neutral,neutral,positive
12109.0,2020-04-08,"As a result, the Chair, in consultation with the FOMC, instructed the Desk to conduct purchases of Treasury securities across a range of maturities.",24,neutral,neutral,neutral,neutral,0.0697,positive,0.6210247413644827,positive,0.4939,neutral,neutral,positive
12110.0,2020-04-08,"The consumer price index (CPI) rose 2.3 percent over the 12 months ending in February, and the core CPI increased 2.4 percent over that same period.",26,neutral,neutral,negative,positive,0.9294,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12111.0,2020-05-20,"Output in the mining sector, which includes crude oil extraction, also decreased significantly in the wake of the recent declines in crude oil prices.",24,negative,neutral,positive,negative,-0.963,negative,0.307336728368754,negative,-0.8126,negative,neutral,neutral
12112.0,2020-05-20,"On the one hand, a number of participants judged that there was a substantial likelihood of additional waves of outbreak in the near or medium term.",26,negative,neutral,neutral,negative,-0.076,positive,0.6566949065607283,positive,0.6486,neutral,neutral,neutral
12113.0,2020-08-19,"As term U.S. dollar liquidity swaps matured, the amounts outstanding fell to around $120 billion, less than a third of the peak reached in late May.",26,neutral,neutral,neutral,negative,-0.967,positive,0.6866491556388117,positive,0.7845,neutral,neutral,positive
12114.0,2020-08-19,"In light of this assessment, all participants considered it appropriate to maintain the target range for the federal funds rate at 0 to혻1/4 percent.",24,neutral,neutral,neutral,neutral,0.0742,neutral,0.5,neutral,0.0,neutral,neutral,positive
12115.0,2020-10-07,"Meanwhile, the Federal Reserve increased holdings of Treasury securities and agency MBS at the same pace as during the previous intermeeting period.",22,neutral,neutral,neutral,positive,0.9075,positive,0.6616151085253192,positive,0.6705,neutral,neutral,neutral
12116.0,2020-10-07,"Amid historically low corporate bond yields, gross issuance of both investment- and speculative-grade corporate bonds was strong in July and August.",21,positive,neutral,neutral,positive,0.9044,neutral,0.4680436192023592,negative,-0.128,positive,neutral,neutral
12117.0,2020-10-07,"Amid notable equity market gains in August, gross equity issuance was robust, as seasoned offerings strengthened to about double their typical pace.",22,positive,neutral,neutral,positive,0.9337,positive,0.6484880799484042,positive,0.6124,positive,neutral,neutral
12118.0,2020-11-25,"Housing-sector activity advanced in the third quarter, with real residential investment and home sales both moving above their first quarter levels.",21,positive,neutral,neutral,positive,0.9009,neutral,0.5,neutral,0.0,positive,neutral,neutral
12119.0,2020-11-25,"Domestic demand supported the recovery, and in Asia there was also a strong rebound of exports, especially of electronics and, more recently, autos.",23,positive,neutral,neutral,positive,0.9373,positive,0.6616151085253192,positive,0.6705,positive,neutral,neutral
12120.0,2021-01-06,"On balance, prices of global risky assets increased notably, implied volatility dropped sharply, and the dollar depreciated against most currencies.",20,positive,neutral,negative,negative,-0.794,positive,0.5563347883095608,positive,0.2263,neutral,neutral,positive
12121.0,2021-02-17,"All transactions in foreign currencies undertaken pursuant to paragraph 1 above shall, unless otherwise authorized by the Committee, be conducted:A.",20,neutral,neutral,neutral,neutral,-0.018,neutral,0.5,neutral,0.0,neutral,neutral,positive
12122.0,2021-04-07,"Consumer spending appeared to be increasing in the first quarter at a pace considerably faster, on balance, than in the fourth quarter of last year.",25,positive,neutral,neutral,positive,0.9088,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12123.0,2021-04-07,Participants also observed that residential construction continued to be solid and home sales remained robust in part because of low interest rates.,22,positive,neutral,neutral,positive,0.9341,positive,0.6455190236879995,positive,0.5994,positive,neutral,neutral
12124.0,2021-05-19,"Regarding financial leverage, the staff noted that bank capital ratios remained above pre-pandemic levels in the fourth quarter, but risks remained.",21,neutral,neutral,neutral,positive,0.2428,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12125.0,2021-07-07,"On net, European longer-term government bond yields were little changed even as U.S. yields declined, and the broad dollar index decreased modestly.",22,neutral,neutral,neutral,negative,-0.955,neutral,0.5,neutral,0.0,neutral,neutral,positive
12126.0,2021-07-07,"In their discussion of current conditions, participants noted that progress on vaccinations had reduced the spread of COVID-19 in the United States.",22,positive,neutral,neutral,negative,-0.821,positive,0.6639172257204139,positive,0.6808,neutral,neutral,neutral
12127.0,2021-10-13,Market participants noted information in the public domain about measures the Federal Reserve and the Treasury could take around a debt limit event.,23,neutral,neutral,neutral,neutral,-0.017,neutral,0.4556419268785208,negative,-0.1779,neutral,neutral,positive
12128.0,2021-10-13,Several participants indicated that they preferred to proceed with a more rapid moderation of purchases than described in the illustrative examples.,21,neutral,neutral,neutral,neutral,0.0304,neutral,0.5,neutral,0.0,neutral,neutral,positive
12129.0,2022-01-05,"In the municipal bond market, issuance was robust in October and November, and financing conditions remained accommodative, supported by low yields.",21,positive,neutral,neutral,positive,0.8696,positive,0.6127294642065295,positive,0.4588,positive,neutral,neutral
12130.0,2022-01-05,"In the residential mortgage market, financing conditions stayed accommodative, particularly for borrowers who met standard conforming loan criteria.",18,positive,neutral,neutral,positive,0.6357,neutral,0.5,neutral,0.0,neutral,neutral,positive
12131.0,2022-02-16,"All transactions in foreign currencies undertaken pursuant to paragraph 1 above shall, unless otherwise authorized by the Committee, be conducted:A.",20,neutral,neutral,neutral,neutral,-0.018,neutral,0.5,neutral,0.0,neutral,neutral,positive
12132.0,2022-10-12,"The staff expected that the size of the associated deferred asset would increase over time until net income turned positivee, likely in a few years.",25,positive,neutral,neutral,positive,0.9138,positive,0.642423863346449,positive,0.5859,positive,neutral,neutral
12133.0,2022-10-12,Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action.,24,neutral,neutral,negative,positive,0.24,neutral,0.5,neutral,0.0,neutral,neutral,positive
12134.0,2022-11-23,A slower pace in these circumstances would better allow the Committee to assess progress toward its goals of maximum employment and price stability.,23,neutral,neutral,neutral,positive,0.7658,positive,0.63920147454366,positive,0.5719,neutral,neutral,neutral
12135.0,2023-02-22,Participants agreed that the labor market remained very tight and assessed that labor demand substantially exceeded the supply of available workers.,21,neutral,positive,neutral,negative,-0.169,positive,0.5621765008857981,positive,0.25,neutral,neutral,neutral
12136.0,2006-04-18,"At its January meeting, the Federal Open Market Committee decided to raise the target level of the federal funds rate 25 basis points, to 4쩍 percent.",26,neutral,neutral,neutral,neutral,0.2228,neutral,0.5,neutral,0.0,neutral,neutral,positive
12137.0,2006-05-31,"While utility output surged in February and moved up a bit more in March, these increases only partly reversed the weather-related plunge in January.",24,positive,neutral,neutral,positive,0.9091,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12138.0,2006-05-31,"Over the past twelve months, inventories relative to shipments and sales had moved down moderately on balance, extending the long-run downward trend.",22,positive,neutral,neutral,negative,-0.964,neutral,0.5443580731214791,positive,0.1779,negative,neutral,neutral
12139.0,2006-05-31,"Some reports indicated that speculative building of homes had dropped off considerably, but inventories of unsold homes still seemed to be expanding.",22,negative,neutral,neutral,negative,-0.928,neutral,0.5382004122365355,positive,0.1531,neutral,neutral,neutral
12140.0,2006-05-31,"Although alternative measures of labor compensation provided divergent readings, growth of total compensation on balance appeared to remain moderate.",19,neutral,neutral,neutral,positive,0.8446,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12141.0,2007-10-09,"The FOMC's policy decision and the accompanying statement were about in line with market expectations, and reactions in financial markets were muted.",22,neutral,neutral,neutral,negative,-0.886,neutral,0.5,neutral,0.0,neutral,neutral,positive
12142.0,2007-11-20,A number of members noted that the recent policy moves could readily be reversed if circumstances evolved in a manner that would warrant such action.,25,neutral,neutral,neutral,positive,0.668,neutral,0.5192904202999741,positive,0.0772,neutral,neutral,positive
12143.0,2008-01-02,"Nonfinancial business debt continued to expand strongly, supported by solid bond issuance and by a small rebound in the issuance of commercial paper.",23,positive,neutral,neutral,positive,0.9406,positive,0.654052365591518,positive,0.6369,positive,neutral,neutral
12144.0,2008-01-02,"Several participants remarked that, unlike residential real estate, commercial and industrial real estate activity remained solid in their Districts.",19,positive,neutral,neutral,positive,0.9007,neutral,0.5382004122365355,positive,0.1531,neutral,neutral,neutral
12145.0,2008-04-08,The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output.,21,positive,neutral,neutral,positive,0.7672,positive,0.654052365591518,positive,0.6369,positive,neutral,neutral
12146.0,2008-08-26,"The ratio of wealth to income likely declined again in the second quarter, as equity prices declined, on balance, and house prices continued to fall.",25,negative,neutral,neutral,negative,-0.961,positive,0.6210247413644827,positive,0.4939,negative,neutral,neutral
12147.0,2008-10-07,"In longer-term credit markets, yields on investment-grade corporate bonds were not much changed, but yields on speculative-grade bonds rose somewhat.",20,negative,neutral,neutral,positive,0.5852,positive,0.6127294642065295,positive,0.4588,neutral,neutral,positive
12148.0,2008-10-07,The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output.,21,positive,neutral,neutral,positive,0.7672,positive,0.654052365591518,positive,0.6369,positive,neutral,neutral
12149.0,2009-02-18,"Conditions in the labor market continued to deteriorate rapidly in December: Private payroll employment fell sharply, and the unemployment rate rose.",21,neutral,negative,neutral,negative,-0.965,negative,0.3916456613890264,negative,-0.4404,negative,negative,neutral
12150.0,2009-02-18,The staff again expected that unemployment would rise substantially through the beginning of 2010 before edging down over the remainder of that year.,23,neutral,negative,neutral,negative,-0.843,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12151.0,2009-02-18,One member expressed the view that it would be best to expand holdings of U.S. Treasury securities rather than to expand targeted liquidity programs.,24,neutral,neutral,neutral,neutral,0.4492,positive,0.7038710144791521,positive,0.8658,neutral,neutral,positive
12152.0,2009-05-20,The first-quarter data also offered a few tentative signs that the deceleration of economic activity in emerging markets might have started to abate.,23,positive,neutral,neutral,negative,-0.361,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12153.0,2009-07-15,"Retail money market mutual funds and small time deposits contracted in both months, probably in response to declining interest rates on these assets.",23,neutral,neutral,neutral,negative,-0.961,positive,0.6616151085253192,positive,0.6705,neutral,neutral,positive
12154.0,2009-09-02,"Although the fundamental determinants of investment in E&S remained weak, conditions appeared less unfavorable, on balance, than earlier in the year.",21,negative,neutral,neutral,negative,-0.81,negative,0.4008559301877525,negative,-0.4019,neutral,neutral,neutral
12155.0,2009-09-02,Recent indicators of economic activity in the advanced foreign economies suggested that the pace of contraction in those countries moderated further.,21,negative,neutral,neutral,positive,0.7517,positive,0.5621765008857981,positive,0.25,neutral,neutral,neutral
12156.0,2009-10-14,"In most emerging market economies, particularly in Asia, economic activity rebounded in the second quarter; however, output declined again in Mexico.",21,neutral,neutral,neutral,negative,-0.932,neutral,0.5,neutral,0.0,positive,neutral,neutral
12157.0,2010-01-06,The Manager also reported on System open market operations in agency debt and agency mortgage-backed securities (MBS) during the intermeeting period.,21,neutral,neutral,neutral,neutral,0.0045,neutral,0.4935503577576862,neutral,-0.0258,neutral,neutral,neutral
12158.0,2010-04-06,"The continued gains in manufacturing production were bolstered by growing demand from foreign trading partners, especially emerging market economies.",19,positive,neutral,neutral,positive,0.9384,positive,0.6083543386109735,positive,0.4404,positive,neutral,neutral
12159.0,2010-05-19,"One strategy considered in the staff presentation was a continuation of the current practice, which would normalize the balance sheet very gradually.",22,neutral,neutral,neutral,neutral,0.2809,neutral,0.5,neutral,0.0,neutral,neutral,positive
12160.0,2010-07-14,"The moderation in spending appeared, on balance, to be aligning the pace of consumption with recent trends in income, wealth, and consumer sentiment.",23,neutral,neutral,neutral,neutral,0.0628,positive,0.6210247413644827,positive,0.4939,neutral,neutral,neutral
12161.0,2010-08-31,"Moreover, participants saw some indications that credit conditions for households and smaller businesses were beginning to improve, albeit gradually.",19,positive,neutral,neutral,positive,0.9356,positive,0.6616151085253192,positive,0.6705,positive,neutral,neutral
12162.0,2010-10-12,"Private businesses increased employment modestly in August, but the length of the workweek was unchanged and the unemployment rate remained elevated.",21,neutral,negative,neutral,positive,0.6011,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12163.0,2010-10-12,"Capacity utilization in manufacturing ticked up further in August from its mid-2009 low, but it was still substantially below its longer-run average.",22,negative,neutral,neutral,positive,0.6864,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12164.0,2010-10-12,"Yield spreads relative to German bunds on the 10-year sovereign bonds of Greece, Ireland, and Portugal widened to near-record levels over the period.",23,negative,neutral,neutral,positive,0.7624,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12165.0,2010-10-12,"Several other central banks tightened monetary policy over the intermeeting period, including those of Chile, India, Indonesia, Sweden, and Thailand.",20,negative,neutral,neutral,negative,-0.49,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12166.0,2010-10-12,Several participants reported feedback from business contacts who were delaying hiring until the economic and regulatory outlook became more certain.,20,neutral,negative,neutral,negative,-0.922,neutral,0.4871028614901135,negative,-0.0516,neutral,neutral,neutral
12167.0,2010-10-12,"However, others thought that additional accommodation would be warranted only if the outlook worsened and the odds of deflation increased materially.",21,neutral,neutral,neutral,negative,-0.121,negative,0.375052882061361,negative,-0.5106,neutral,neutral,neutral
12168.0,2010-11-23,"Rebuilding of dealers' stocks of motor vehicles accounted for part of the step-up, but some of it likely reflected another large increase in imports.",24,neutral,neutral,neutral,positive,0.8147,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12169.0,2010-11-23,Participants generally agreed that the most likely economic outcome would be a gradual pickup in growth with slow progress toward maximum employment.,22,positive,positive,neutral,negative,-0.678,positive,0.6866491556388117,positive,0.7845,positive,neutral,neutral
12170.0,2011-02-16,"In discussing the staff presentation, meeting participants mentioned various factors that were seen as influencing the path of the unemployment rate.",21,neutral,neutral,neutral,neutral,-0.345,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12171.0,2011-05-18,"In the discussion of normalization, some participants also noted their preferences about the longer-run framework for monetary policy implementation.",19,neutral,neutral,neutral,neutral,-0.093,neutral,0.5,neutral,0.0,neutral,neutral,positive
12172.0,2011-07-12,"Dealers also reported that the demand for funding had increased over the same period for a broad range of securities, with the exception of equities.",25,positive,neutral,neutral,positive,0.9344,positive,0.6210247413644827,positive,0.4939,neutral,neutral,positive
12173.0,2011-08-30,The strains in these markets eased after legislation to raise the debt ceiling and to cut the federal budget deficit was signed into law on August 2.,27,positive,neutral,neutral,positive,0.2728,negative,0.3515119200515958,negative,-0.6124,neutral,neutral,neutral
12174.0,2011-08-30,"Most members also anticipated that inflation would settle, over coming quarters, at levels at or below those consistent with the Committee's mandate.",22,neutral,neutral,positive,negative,-0.796,neutral,0.5,neutral,0.0,neutral,neutral,positive
12175.0,2011-11-22,"Overall U.S. consumer price inflation, as measured by the PCE price index, was more moderate in the third quarter than in the first half of the year.",27,neutral,neutral,positive,negative,-0.582,neutral,0.5,neutral,0.0,neutral,neutral,positive
12176.0,2012-01-03,"The unemployment rate dropped to 8.6 percent in November, and private nonfarm employment continued to increase moderately during the past two months.",22,neutral,positive,neutral,negative,-0.922,negative,0.4008559301877525,negative,-0.4019,neutral,neutral,positive
12177.0,2012-01-03,"In the government sector, real federal defense purchases appeared to have stepped down in October and November from their level in the third quarter.",24,negative,neutral,neutral,negative,-0.963,neutral,0.5319563807976407,positive,0.128,negative,neutral,neutral
12178.0,2012-07-11,"Delinquency rates for consumer credit remained low, partly reflecting a shift in the composition of borrowers toward those with higher credit scores.",22,positive,neutral,neutral,negative,-0.284,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
12179.0,2012-07-11,"In contrast, a few participants observed that the marked drop in yields on longer-term U.S. Treasury securities could provide some impetus to growth.",23,positive,neutral,neutral,negative,-0.784,positive,0.63920147454366,positive,0.5719,positive,neutral,neutral
12180.0,2012-10-04,"Both nominal shipments and new orders for nondefense capital goods excluding aircraft declined in July, and the backlog of unfilled orders decreased.",22,negative,neutral,neutral,negative,-0.96,positive,0.5621765008857981,positive,0.25,neutral,neutral,positive
12181.0,2013-07-10,Consumer credit continued to expand at a solid pace because of the ongoing expansion in auto and student loans; credit card debt remained about flat.,25,positive,neutral,neutral,positive,0.9371,positive,0.6639172257204139,positive,0.6808,neutral,neutral,positive
12182.0,2013-08-21,"Over the period, rates on primary mortgages and yields on agency mortgage-backed securities (MBS) rose about in line with the 10-year Treasury yield.",23,neutral,neutral,neutral,positive,0.924,positive,0.6210247413644827,positive,0.4939,neutral,neutral,positive
12183.0,2013-11-20,"The Manager described the proposed arrangements, noting that the Committee would still be asked to review participation in the arrangements annually.",21,neutral,neutral,neutral,neutral,0.0444,neutral,0.5,neutral,0.0,neutral,neutral,positive
12184.0,2013-11-20,Another suggestion for enhancing communications was to use the Summary of Economic Projections to provide more information about participants' views.,20,neutral,neutral,neutral,neutral,0.0646,neutral,0.5,neutral,0.0,neutral,neutral,positive
12185.0,2014-01-08,"Renewed export demand and a buildup in auto inventories, which may be reversed in 2014, were cited as contributing to the recent gains in production.",25,positive,neutral,neutral,positive,0.9099,positive,0.6083543386109735,positive,0.4404,positive,neutral,neutral
12186.0,2014-04-09,"Partly reflecting these conditions, credit card balances stayed about flat through January, while auto and student loans continued to expand briskly.",21,positive,neutral,neutral,positive,0.6532,positive,0.6370770377251522,positive,0.5627,neutral,neutral,positive
12187.0,2014-04-09,"For many participants, the outlook for economic activity over coming quarters had changed little, on balance, since the time of the December meeting.",23,neutral,neutral,neutral,negative,-0.313,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12188.0,2014-08-20,"Household spending appears to be rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow.",22,positive,neutral,neutral,positive,0.7186,neutral,0.5,neutral,0.0,positive,neutral,neutral
12189.0,2014-10-08,"Reflecting these and other developments, yields on nominal Treasury securities rose somewhat and equity prices edged up over the intermeeting period.",21,positive,neutral,neutral,positive,0.9295,positive,0.6210247413644827,positive,0.4939,neutral,neutral,positive
12190.0,2014-10-08,"It was noted, however, that the characterization of labor market underutilization might have to be changed if progress in the labor market continued.",23,neutral,neutral,neutral,neutral,-0.1,positive,0.6038421309156661,positive,0.4215,neutral,neutral,neutral
12191.0,2014-10-08,"Household spending appears to be rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow.",22,positive,neutral,neutral,positive,0.7186,neutral,0.5,neutral,0.0,positive,neutral,neutral
12192.0,2014-11-19,"Market-based measures of inflation compensation declined somewhat, while survey-based measures of longer-term inflation expectations remained stable.",16,neutral,neutral,positive,negative,-0.931,positive,0.5734643936132494,positive,0.296,neutral,neutral,positive
12193.0,2014-11-19,"Nominal shipments of nondefense capital goods excluding aircraft were little changed, on net, in August and September after a solid increase in July.",23,neutral,neutral,neutral,positive,0.6846,positive,0.6455190236879995,positive,0.5994,neutral,neutral,neutral
12194.0,2014-11-19,"Among emerging market economies, GDP growth remained strong in the third quarter in China and Korea and indicators for Mexico were favorable as well.",24,positive,neutral,neutral,positive,0.9357,positive,0.6985073366421095,positive,0.8402,positive,neutral,neutral
12195.0,2014-11-19,"Market-based measures of inflation compensation declined somewhat, while survey-based measures of longer-term inflation expectations remained stable.",16,neutral,neutral,positive,negative,-0.931,positive,0.5734643936132494,positive,0.296,neutral,neutral,positive
12196.0,2015-01-07,"In addition, the manager reviewed the implications of recent foreign central bank policy actions for the international portion of the SOMA portfolio.",22,neutral,neutral,neutral,neutral,0.0724,neutral,0.5,neutral,0.0,neutral,neutral,positive
12197.0,2015-01-07,Participants generally regarded the net effect of the recent decline in energy prices as likely to be positivee for economic activity and employment.,23,positive,positive,neutral,positive,0.9061,positive,0.5678783310011088,positive,0.2732,positive,neutral,neutral
12198.0,2015-02-18,"Industrial production rose at a robust pace in the fourth quarter, with a strong increase in manufacturing output and a modest gain in mining output.",25,positive,neutral,neutral,positive,0.9349,positive,0.708064023786986,positive,0.886,positive,neutral,neutral
12199.0,2015-02-18,Participants generally regarded the net effect of the recent decline in energy prices as likely to be positivee for economic activity and employment.,23,positive,positive,neutral,positive,0.9061,positive,0.5678783310011088,positive,0.2732,positive,neutral,neutral
12200.0,2015-04-08,"One factor behind that moderation was a slowdown in the growth of exports, and members decided that the statement should explicitly note that factor.",24,negative,neutral,neutral,negative,-0.681,positive,0.594307167585335,positive,0.3818,negative,neutral,neutral
12201.0,2015-08-19,They cited anecdotal reports of firms having concerns about retaining workers and facing difficulties in filling even medium- and lower-skilled jobs.,21,neutral,negative,neutral,negative,-0.956,negative,0.3676527060383248,negative,-0.5423,neutral,neutral,neutral
12202.0,2015-10-08,Recent readings on headline consumer price inflation reflected only small increases in core inflation and renewed weakness in consumer energy prices.,21,neutral,neutral,negative,negative,-0.824,neutral,0.5382004122365355,positive,0.1531,neutral,neutral,positive
12203.0,2015-10-08,"Some other participants, however, expressed concerns about delaying the start of normalizing the target range for the federal funds rate much longer.",22,neutral,neutral,negative,negative,-0.901,negative,0.4211144841706044,negative,-0.3182,neutral,neutral,positive
12204.0,2016-01-06,"However, they also recognized that the appropriate path for the federal funds rate would depend on the economic outlook as informed by incoming data.",24,neutral,neutral,neutral,neutral,0.0267,neutral,0.5,neutral,0.0,neutral,neutral,positive
12205.0,2016-02-17,"However, members observed that if the recent tightening of global financial conditions was sustained, it could be a factor amplifying downside risks.",22,negative,neutral,neutral,positive,0.7897,negative,0.3830316743765106,negative,-0.4767,neutral,neutral,positive
12206.0,2017-01-04,The components of the nominal retail sales data used by the Bureau of Economic Analysis to construct its estimate of PCE rose moderately in November.,25,positive,neutral,neutral,positive,0.9185,neutral,0.5,neutral,0.0,neutral,neutral,positive
12207.0,2017-02-22,"The Census Bureau's advance trade estimates for December suggested a narrowing of the trade deficit in goods, as imports increased less than exports.",23,positive,neutral,neutral,negative,-0.203,positive,0.5893308891504367,positive,0.3612,neutral,neutral,positive
12208.0,2017-02-22,The broad dollar index increased immediately after the December FOMC meeting but subsequently retraced its gains and ended the period slightly lower.,22,neutral,neutral,negative,negative,-0.957,positive,0.6452901661902065,positive,0.5984,neutral,neutral,neutral
12209.0,2017-02-22,Participants generally characterized their economic forecasts and their judgments about monetary policy as little changed since the December meeting.,19,neutral,neutral,neutral,neutral,0.3312,neutral,0.5,neutral,0.0,neutral,neutral,positive
12210.0,2017-04-05,"Inflation in the advanced foreign economies (AFEs) continued to rise, largely reflecting increases in retail energy prices and currency depreciation.",20,neutral,neutral,negative,positive,0.8502,positive,0.6591929943933286,positive,0.6597,neutral,neutral,positive
12211.0,2017-05-24,"Inflation, measured as the 12-month change in the headline PCE price index, had been running close to the Committee's 2 percent longer-run objective.",23,neutral,neutral,positive,neutral,-0.068,neutral,0.5,neutral,0.0,neutral,neutral,positive
12212.0,2017-07-05,"The Committee expected to begin implementing a balance sheet normalization program in 2017, provided that the economy evolves broadly as anticipated.",21,positive,neutral,neutral,positive,0.8085,neutral,0.5,neutral,0.0,neutral,neutral,positive
12213.0,2017-08-16,"Thus, as in the June projection, the staff projected that real GDP would expand at a modestly faster pace than potential output in 2017 through 2019.",26,positive,neutral,neutral,positive,0.927,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12214.0,2017-10-11,"At the same time, financing conditions for households and nonfinancial businesses continued to provide support for growth in spending and investment.",21,positive,neutral,neutral,positive,0.9362,positive,0.6566949065607283,positive,0.6486,positive,neutral,neutral
12215.0,2017-10-11,Staff Economic OutlookThe U.S. economic projection prepared by the staff for the September FOMC meeting was broadly similar to the previous forecast.,22,neutral,neutral,neutral,neutral,0.1368,neutral,0.5,neutral,0.0,neutral,neutral,positive
12216.0,2017-11-22,"Although the effects of the recent hurricanes led to a reported decline in payroll employment in September, the unemployment rate decreased further.",22,neutral,positive,neutral,negative,-0.844,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12217.0,2018-01-03,A couple of participants noted that broad improvements in labor market conditions over the past several years were evident across demographic groups.,22,neutral,positive,neutral,positive,0.9305,positive,0.6127294642065295,positive,0.4588,neutral,neutral,neutral
12218.0,2018-01-03,"The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.",21,neutral,positive,positive,positive,0.8755,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12219.0,2018-02-21,"The projection for inflation over the medium term was revised up slightly, primarily reflecting tighter resource utilization in the January forecast.",21,positive,neutral,negative,positive,0.0936,neutral,0.5,neutral,0.0,neutral,neutral,positive
12220.0,2018-02-21,"Nonetheless, they again stated that the actual path for the federal funds rate would depend on the economic outlook as informed by the incoming data.",25,neutral,neutral,neutral,neutral,-0.061,neutral,0.5,neutral,0.0,neutral,neutral,positive
12221.0,2018-02-21,"The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.",21,neutral,positive,positive,positive,0.8755,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12222.0,2018-04-11,"Since the January FOMC meeting, foreign equity prices moved notably lower, on net, and generally declined more in the AFEs than in the United States.",25,negative,neutral,neutral,negative,-0.954,neutral,0.5443580731214791,positive,0.1779,negative,neutral,neutral
12223.0,2018-04-11,"The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.",21,neutral,positive,positive,positive,0.8755,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12224.0,2018-05-23,Spreads on term money market instruments relative to comparable-maturity OIS rates were still larger than usual in some segments of the money market.,23,negative,neutral,neutral,negative,-0.793,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12225.0,2018-05-23,"The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.",21,neutral,positive,positive,positive,0.8755,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12226.0,2018-07-05,"The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.",21,neutral,positive,positive,positive,0.8755,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12227.0,2018-08-22,"Reports from business contacts confirmed a robust pace of expansion in several sectors of the economy, including energy, manufacturing, and services.",21,positive,neutral,neutral,positive,0.9293,positive,0.6323472939616752,positive,0.5423,positive,neutral,neutral
12228.0,2018-08-22,"The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.",21,neutral,positive,positive,positive,0.8755,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12229.0,2018-10-17,"In addition, concerns about trade tensions between the United States and China were the focus of a great deal of attention among market participants.",24,negative,neutral,neutral,neutral,0.0968,positive,0.6639172257204139,positive,0.6808,neutral,neutral,neutral
12230.0,2019-01-09,Developments in Financial Markets and Open Market OperationsThe SOMA manager reviewed developments in financial markets over the intermeeting period.,19,neutral,neutral,neutral,neutral,0.0081,neutral,0.5,neutral,0.0,neutral,neutral,positive
12231.0,2019-02-20,"Nominal defense spending in October and November pointed to solid growth in real federal purchases, although spending data for December were delayed.",22,positive,neutral,neutral,positive,0.4431,positive,0.5841905229354074,positive,0.34,positive,neutral,neutral
12232.0,2019-04-10,"Total labor compensation per hour in the business sector increased 2.9 percent over the four quarters of 2018, about the same rate as a year earlier.",26,neutral,positive,neutral,positive,0.926,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12233.0,2019-05-22,Market participants assigned greater probability to a lower target range of the federal funds rate than to a higher one beyond the next few meetings.,25,neutral,neutral,neutral,neutral,-0.074,positive,0.6127294642065295,positive,0.4588,neutral,neutral,positive
12234.0,2019-07-10,Staff Economic OutlookThe projection for U.S. economic activity prepared by the staff for the June FOMC meeting was revised down somewhat on balance.,23,negative,neutral,neutral,negative,-0.95,neutral,0.5,neutral,0.0,negative,neutral,neutral
12235.0,2019-08-21,"Industrial production (IP) was unchanged in June, as a decrease in the output of utilities offset increases in the output of manufacturers and mines.",24,neutral,neutral,neutral,negative,-0.828,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12236.0,2019-08-21,"Separately, the staff noted that market liquidity was, overall, in good shape, although sudden price drops had become more frequent in some markets.",23,neutral,neutral,neutral,positive,0.6645,positive,0.5504032199355139,positive,0.2023,neutral,neutral,positive
12237.0,2019-08-21,"Reports from business contacts pointed to continued strong labor demand, with many firms reporting difficulty finding workers to meet current demand.",21,neutral,positive,neutral,negative,-0.892,neutral,0.4935503577576862,neutral,-0.0258,positive,neutral,neutral
12238.0,2019-10-09,A few participants noted the possibility of resuming trend growth of the balance sheet to help stabilize the level of reserves in the banking system.,25,neutral,neutral,neutral,positive,0.9138,positive,0.6566949065607283,positive,0.6486,neutral,neutral,neutral
12239.0,2019-11-20,The staff presented two potential approaches for conducting repo operations if the Committee decided to maintain an ongoing role for such operations.,22,neutral,neutral,neutral,neutral,0.2477,neutral,0.5,neutral,0.0,neutral,neutral,positive
12240.0,2019-11-20,"In the October SLOOS, banks left their lending standards basically unchanged for most residential real estate loan categories over the third quarter.",22,neutral,neutral,neutral,negative,-0.446,neutral,0.4871028614901135,negative,-0.0516,neutral,neutral,neutral
12241.0,2020-01-03,Market prices appeared to respond mainly to signs of stabilization in the U.S. and global economies and to developments associated with trade policy.,23,positive,neutral,neutral,positive,0.7689,neutral,0.5,neutral,0.0,neutral,neutral,positive
12242.0,2020-02-19,Developments in Financial Markets and Open Market OperationsThe SOMA manager reviewed developments in financial markets over the intermeeting period.,19,neutral,neutral,neutral,neutral,0.0081,neutral,0.5,neutral,0.0,neutral,neutral,positive
12243.0,2020-04-08,"Foreign economic indicators for the more recent period, following the spread of the virus to the rest of the world, were generally not yet available.",25,neutral,neutral,neutral,neutral,-0.328,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12244.0,2020-04-08,All participants viewed the near-term U.S. economic outlook as having deteriorated sharply in recent weeks and as having become profoundly uncertain.,21,negative,neutral,neutral,negative,-0.95,negative,0.4265356063867507,negative,-0.296,negative,neutral,neutral
12245.0,2020-05-20,"However, the Federal Reserve's announcements and start-ups of emergency liquidity facilities appeared to improve conditions in many of these markets.",20,positive,neutral,neutral,positive,0.9051,neutral,0.5192904202999741,positive,0.0772,positive,neutral,neutral
12246.0,2020-05-20,"That said, compared with early this year, foreign equity indexes stayed sharply lower, and option-implied equity volatility abroad remained elevated.",20,negative,neutral,neutral,negative,-0.83,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12247.0,2020-05-20,The upcoming financial stress tests for banks were seen as important for measuring the ability of large banks to withstand future downside scenarios.,23,neutral,neutral,neutral,positive,0.7997,neutral,0.4556419268785208,negative,-0.1779,neutral,neutral,neutral
12248.0,2020-07-01,"The consumer price index (CPI) inched up 0.1 percent over the 12 months ending in May, while core CPI inflation was 1.2 percent over the same period.",27,neutral,neutral,negative,positive,0.9216,neutral,0.5,neutral,0.0,neutral,neutral,positive
12249.0,2020-08-19,"In contrast, output in the mining sector, which includes crude oil extraction, decreased further, reflecting the effects of still-low crude oil prices.",22,negative,neutral,neutral,negative,-0.93,negative,0.2975274157388019,negative,-0.8591,negative,neutral,neutral
12250.0,2020-08-19,"Regarding the labor market, many participants commented that the pace of employment gains, which was quite strong in May and June, had likely slowed.",24,neutral,negative,neutral,negative,-0.954,positive,0.6838885230913988,positive,0.7717,neutral,neutral,positive
12251.0,2021-01-06,The four-week moving average of initial claims for unemployment insurance was only slightly lower in early December than it had been in late October.,24,neutral,No majority found,neutral,negative,-0.945,negative,0.3605679346246548,negative,-0.5729,neutral,neutral,neutral
12252.0,2021-01-06,"Federal defense spending continued to rise in October and November, although federal employment declined with the layoff of temporary census workers.",21,positive,negative,neutral,negative,-0.772,neutral,0.5319563807976407,positive,0.128,positive,neutral,neutral
12253.0,2021-01-06,The 5-year and 5-to-10-year measures of inflation compensation based on Treasury Inflation Protected Securities rose above their pre-pandemic levels.,19,neutral,neutral,negative,positive,0.9236,positive,0.6703127684073539,positive,0.7096,neutral,neutral,positive
12254.0,2021-01-06,"Agency commercial mortgage-backed security (CMBS) spreads remained narrow amid strong issuance in October, while non-agency CMBS spreads ticked down.",19,positive,neutral,neutral,negative,-0.963,positive,0.6661448670999395,positive,0.6908,neutral,neutral,neutral
12255.0,2021-01-06,"That said, participants agreed that the path ahead remained highly uncertain and that the economy remained far from the Committee's longer-run goals.",22,negative,neutral,neutral,negative,-0.733,neutral,0.5004499998785,neutral,0.0018,neutral,neutral,neutral
12256.0,2021-04-07,"The Treasury market functioned well over most of the period, although measures of market liquidity deteriorated somewhat toward the end of February.",22,neutral,neutral,neutral,negative,-0.785,positive,0.5504032199355139,positive,0.2023,neutral,neutral,neutral
12257.0,2021-04-07,"Assets under management (AUM) of government money market funds (MMFs) rose over the intermeeting period, whereas AUM of prime MMFs declined somewhat.",22,neutral,neutral,neutral,positive,0.8617,positive,0.5893308891504367,positive,0.3612,positive,neutral,neutral
12258.0,2021-05-19,"In March 2020, repo operations worked in concert with other measures to manage shocks to financial markets by stabilizing Treasury market conditions.",22,positive,neutral,neutral,positive,0.484,negative,0.449596780064486,negative,-0.2023,neutral,neutral,neutral
12259.0,2021-07-07,"State and local government purchases looked to be increasing significantly, as the payrolls of these governments expanded solidly over April and May.",22,positive,positive,neutral,positive,0.9319,positive,0.635850737283906,positive,0.5574,positive,neutral,neutral
12260.0,2021-07-07,"Market expectations for the federal funds rate path over the medium term, as implied by OIS quotes unadjusted for term premiums, declined moderately.",23,neutral,neutral,neutral,negative,-0.696,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12261.0,2021-08-18,Concerns about the worldwide spread of the Delta variant weighed somewhat on risk sentiment in global financial markets over the intermeeting period.,22,negative,neutral,neutral,negative,-0.848,negative,0.4491761350327461,negative,-0.204,neutral,neutral,neutral
12262.0,2021-10-13,The manager provided a brief update on the new repurchase agreement (repo) facilities that the Committee had announced following its meeting in July.,23,neutral,neutral,neutral,neutral,0.0264,positive,0.6210247413644827,positive,0.4939,neutral,neutral,neutral
12263.0,2021-10-13,"In the residential mortgage market, financing conditions remained accommodative particularly for borrowers who met standard conforming loan criteria.",18,positive,neutral,neutral,positive,0.46,neutral,0.5,neutral,0.0,neutral,neutral,positive
12264.0,2021-11-24,"Option-implied volatility on short-dated interest rates increased, reportedly reflecting greater uncertainty over the path of the federal funds rate.",19,negative,neutral,neutral,negative,-0.149,positive,0.6879601476961928,positive,0.7906,neutral,neutral,positive
12265.0,2021-11-24,"Over the intermeeting period, U.S. equity indexes rose and the one-month option-implied volatility on the S&P 500?봳he VIX?봣ell to post-pandemic lows.",21,positive,neutral,neutral,negative,-0.843,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12266.0,2021-11-24,"The sectors most adversely affected by the pandemic had improved in recent months, but the summer's rise in COVID-19 cases had slowed their recovery.",24,No majority found,neutral,neutral,negative,-0.439,positive,0.5678783310011088,positive,0.2732,positive,neutral,neutral
12267.0,2022-02-16,"Expectations for tighter monetary policy ahead, as well as an easing of COVID-related concerns, were cited as contributing to the increase in yields.",23,positive,neutral,neutral,positive,0.9092,positive,0.624947117938639,positive,0.5106,neutral,neutral,positive
12268.0,2022-02-16,The sectors most adversely affected by the pandemic have improved in recent months but are being affected by the recent sharp rise in COVID-19 cases.,25,positive,neutral,neutral,negative,-0.669,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12269.0,2022-04-06,"Market-implied policy rates one year forward rose notably across many advanced foreign economies (AFEs), extending increases seen over recent months.",20,neutral,neutral,neutral,positive,0.9308,positive,0.6484880799484042,positive,0.6124,positive,neutral,neutral
12270.0,2022-04-06,Real PCE appeared to be rising at a faster pace in the first quarter of 2022 than in the fourth quarter of 2021 as social distancing unwound further.,28,positive,neutral,neutral,positive,0.8969,neutral,0.5,neutral,0.0,positive,neutral,neutral
12271.0,2022-04-06,Available indicators suggested that real government purchases were little changed in the first quarter after declining in the fourth quarter of 2021.,22,neutral,neutral,neutral,negative,-0.8,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12272.0,2022-05-25,A few participants indicated that some of their business contacts were reportedly hesitant to expand capacity or had postponed construction projects.,21,negative,neutral,neutral,negative,-0.92,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,neutral
12273.0,2022-07-06,"Regarding trade, real imports of goods stepped back in April from their exceptional strength in March, driven by a decline in consumer goods imports.",24,negative,neutral,neutral,negative,-0.877,positive,0.6985073366421095,positive,0.8402,neutral,neutral,neutral
12274.0,2022-07-06,"Real yields increased more than their nominal counterparts, while inflation compensation implied by Treasury Inflation-Protected Securities declined.",17,neutral,neutral,positive,positive,0.8982,positive,0.6904021378903575,positive,0.802,neutral,neutral,positive
12275.0,2022-07-06,"Money market fund (MMF) net yields across all fund types rose notably, as increases in administered rates passed through to money market instruments.",23,neutral,neutral,neutral,positive,0.935,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12276.0,2022-07-06,Participants stressed the need to adjust the stance of policy in response to incoming information regarding the evolution of these and other factors.,23,neutral,neutral,neutral,neutral,0.0896,negative,0.396157869084334,negative,-0.4215,neutral,neutral,neutral
12277.0,2022-08-17,They also agreed that the war and related events were creating additional upward pressure on inflation and were weighing on global economic activity.,23,negative,neutral,negative,negative,-0.908,negative,0.4106691108495632,negative,-0.3612,neutral,neutral,positive
12278.0,2022-10-12,They also agreed that the war and related events were creating additional upward pressure on inflation and were weighing on global economic activity.,23,negative,neutral,negative,negative,-0.908,negative,0.4106691108495632,negative,-0.3612,neutral,neutral,positive
12279.0,2022-11-23,This prospect could require money market participants to be more responsive to shifting liquidity conditions and to plan ahead for the coming period.,23,No majority found,neutral,neutral,neutral,0.1363,positive,0.63920147454366,positive,0.5719,neutral,neutral,positive
12280.0,2022-11-23,They also agreed that the war and related events were creating additional upward pressure on inflation and were weighing on global economic activity.,23,negative,neutral,negative,negative,-0.908,negative,0.4106691108495632,negative,-0.3612,neutral,neutral,positive
12281.0,2006-04-18,Mining output--which includes oil and natural gas extraction--slipped in February after registering robust gains in each of the previous three months.,21,negative,neutral,neutral,negative,-0.967,positive,0.6915551834995617,positive,0.8074,neutral,neutral,positive
12282.0,2006-07-20,Greater uncertainty about inflation pressures and the needed policy response had perhaps contributed to a reassessment of risks by investors globally.,21,negative,neutral,negative,positive,0.7085,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,neutral
12283.0,2006-11-15,"Still, the overhang of unsold homes remained historically high, and price appreciation of existing homes continued to slow through the second quarter.",22,negative,neutral,neutral,negative,-0.91,positive,0.624947117938639,positive,0.5106,negative,neutral,neutral
12284.0,2007-10-09,"In the multifamily sector, starts in July were in line with readings thus far this year and at the low end of the fairly narrow range seen since 1997.",29,negative,neutral,neutral,negative,-0.862,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12285.0,2007-11-20,"The labor force participation rate was unchanged, on average, in the third quarter, and the unemployment rate ticked up to 4.7 percent in September.  ",24,neutral,negative,neutral,negative,-0.694,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,neutral
12286.0,2007-11-20,"Meeting participants also mentioned that while financial market conditions had improved, the functioning of some markets remained somewhat impaired.  ",19,neutral,neutral,neutral,negative,-0.832,positive,0.6083543386109735,positive,0.4404,neutral,neutral,neutral
12287.0,2008-04-08,"Commercial real estate lending at banks, however, continued to advance briskly in January and February, while the rise in consumer loans was moderate.",23,positive,neutral,neutral,positive,0.8889,neutral,0.5,neutral,0.0,positive,neutral,neutral
12288.0,2008-07-16,"The increase in exports was broad-based, with strong increases in exports of industrial supplies, capital and consumer goods, and automotive products.",21,positive,neutral,neutral,positive,0.9274,positive,0.7045167593404835,positive,0.8689,positive,neutral,neutral
12289.0,2008-07-16,"Conditions in the market for Treasury repurchase agreements appeared to improve somewhat, but conditions were still poor for lower-quality collateral.",20,No majority found,neutral,neutral,positive,0.4683,positive,0.6226943061196036,positive,0.501,neutral,neutral,neutral
12290.0,2008-08-26,"In the business sector, real spending on equipment and software declined in the second quarter as outlays on transportation equipment dropped sharply.",22,negative,neutral,neutral,negative,-0.965,negative,0.4321216689988913,negative,-0.2732,negative,neutral,neutral
12291.0,2008-08-26,"Over the intermeeting period, spreads of rates on conforming residential mortgages over those on comparable-maturity Treasury securities moved higher.",19,negative,neutral,neutral,positive,0.8961,positive,0.6210247413644827,positive,0.4939,neutral,neutral,neutral
12292.0,2008-11-19,"Business spending on equipment and software appeared to have declined again in the third quarter, and indicators of investment in structures weakened.",22,negative,neutral,neutral,negative,-0.959,negative,0.396157869084334,negative,-0.4215,negative,neutral,neutral
12293.0,2008-11-19,Small time deposits increased briskly in September and early October as banks and thrifts reportedly continued to bid aggressively for these deposits.,22,neutral,neutral,neutral,positive,0.9272,neutral,0.5,neutral,0.0,positive,neutral,neutral
12294.0,2008-11-19,"On October 22, the rate on excess reserves was adjusted to be the lowest target federal funds rate during the maintenance period less 35 basis points.",26,neutral,neutral,neutral,neutral,-0.281,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12295.0,2009-02-18,"Measures of longer-term inflation expectations edged up in early January, but remained lower than they had been in all but the last few weeks of 2008.",26,neutral,neutral,neutral,negative,-0.903,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12296.0,2009-02-18,"Business debt expanded only modestly, given the high cost of borrowing, tighter lending terms, and the deterioration in the macroeconomic environment.",21,negative,neutral,neutral,positive,0.9144,neutral,0.4871028614901135,negative,-0.0516,neutral,neutral,neutral
12297.0,2009-02-18,The Committee continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.,23,negative,neutral,No majority found,negative,-0.83,negative,0.4161981884723308,negative,-0.3384,neutral,neutral,positive
12298.0,2009-04-08,"In light of this development, it was widely agreed that exports were not likely to be a source of support for U.S. economic activity in the near term.",28,neutral,neutral,neutral,negative,-0.166,positive,0.654052365591518,positive,0.6369,neutral,neutral,positive
12299.0,2010-01-06,"Moreover, monthly surveys of business conditions, sentiment, and capital spending plans pointed to a moderate rise in business spending going forward.",21,positive,neutral,neutral,positive,0.9348,neutral,0.5,neutral,0.0,positive,neutral,neutral
12300.0,2010-01-06,"While these developments were positivee, participants noted several factors that likely would continue to restrain the expansion in economic activity.",20,neutral,neutral,neutral,negative,-0.619,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12301.0,2010-02-17,"In the labor market, layoffs subsided noticeably in the final months of last year, but the unemployment rate remained elevated and hiring stayed weak.",24,neutral,negative,neutral,negative,-0.952,negative,0.3317457173262209,negative,-0.7003,neutral,neutral,positive
12302.0,2010-02-17,"Financial market conditions remained supportive of economic growth over the intermeeting period, and short-term funding markets were generally stable.",19,positive,neutral,neutral,positive,0.9293,positive,0.6722545889041723,positive,0.7184,positive,neutral,neutral
12303.0,2010-02-17,"Members recognized that references to ""purchases"" of securities would need to be modified as the completion of the asset purchase programs draws near.",23,neutral,neutral,neutral,neutral,-0.091,positive,0.6455190236879995,positive,0.5994,neutral,neutral,positive
12304.0,2010-05-19,The staff noted that the Board had recently approved changes to Regulation D that would be necessary for the establishment of a term deposit facility.,25,neutral,neutral,neutral,neutral,0.3973,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12305.0,2010-05-19,"However, both new home sales and existing home sales were likely boosted, at least in part, by the anticipated expiration of the homebuyer tax credit.",25,neutral,neutral,neutral,positive,0.9317,positive,0.6566949065607283,positive,0.6486,neutral,neutral,positive
12306.0,2010-08-31,"Financial stock prices moved about in line with broader indexes, and credit default swap spreads for large financial institutions narrowed moderately.",21,positive,neutral,neutral,positive,0.0774,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12307.0,2010-10-12,"Indicators of household net worth were mixed; home prices moved down in July, while equity prices inched up, on balance, over the intermeeting period.",24,neutral,neutral,neutral,negative,-0.916,positive,0.5563347883095608,positive,0.2263,neutral,neutral,neutral
12308.0,2010-10-12,The interest rate for 30-year fixed-rate conforming mortgages remained essentially unchanged over the intermeeting period at a historically low level.,20,neutral,neutral,neutral,negative,-0.822,positive,0.5563347883095608,positive,0.2263,neutral,neutral,positive
12309.0,2010-10-12,"Most other major categories of exports were little changed in July, although exports of automotive products posted their first decline since May 2009.",23,negative,neutral,neutral,negative,-0.956,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12310.0,2011-04-05,"As a result, the rate of capacity utilization in manufacturing was essentially unchanged in January, and it remained well below its 1972-2010 average.",23,negative,neutral,neutral,negative,-0.87,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12311.0,2011-04-05,"Household net worth rose in the fourth quarter, as the increase in equity values during that period more than offset the further fall in house prices.",26,positive,neutral,neutral,positive,0.9338,positive,0.6639172257204139,positive,0.6808,positive,neutral,neutral
12312.0,2011-05-18,Several other participants preferred instead that the pace of sales be a key policy tool and be varied actively in response to changes in the outlook.,26,neutral,neutral,neutral,neutral,0.0827,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12313.0,2011-05-18,"Issuance of commercial mortgage-backed securities picked up in the first quarter, although commercial real estate loans at banks continued to run off.",22,neutral,neutral,neutral,positive,0.0584,positive,0.5841905229354074,positive,0.34,positive,neutral,neutral
12314.0,2011-11-22,"However, several participants noted that such thresholds could be confusing in the absence of a clear expression of the Committee's longer-term goals.",22,neutral,neutral,neutral,negative,-0.672,neutral,0.5443580731214791,positive,0.1779,neutral,neutral,neutral
12315.0,2011-11-22,"The U.S. international trade deficit was virtually the same in August as it was in July, as both exports and imports moved down only by small amounts.",27,negative,neutral,neutral,negative,-0.956,negative,0.4008559301877525,negative,-0.4019,neutral,neutral,neutral
12316.0,2011-11-22,"European bank CDS spreads remained elevated, and these institutions continued to face somewhat strained conditions in short-term bank funding markets.",20,negative,neutral,neutral,negative,-0.643,negative,0.4154451552078026,negative,-0.3415,neutral,neutral,neutral
12317.0,2012-01-03,"Reductions in exports of industrial supplies and consumer goods, led by a few particularly volatile components, outweighed the gains in capital goods.",22,negative,neutral,neutral,negative,-0.76,positive,0.7001684222900184,positive,0.8481,negative,neutral,neutral
12318.0,2012-02-15,"Broad equity price indexes increased more than 6 percent, on net, over the intermeeting period, and option-implied equity volatility declined notably.",21,positive,neutral,neutral,positive,0.8998,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12319.0,2012-02-15,"The Committee also anticipates that over coming quarters, inflation will run at levels at or below those consistent with the Committee's dual mandate.",23,neutral,neutral,positive,negative,-0.728,neutral,0.5,neutral,0.0,neutral,neutral,positive
12320.0,2012-04-03,"Consumer sentiment was little changed in February, and households remained downbeat about both the economic outlook and their own income and finances.",22,negative,neutral,neutral,negative,-0.96,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12321.0,2012-04-03,"Gross public equity issuance by nonfinancial firms was still solid in January and February, boosted by continued strength in initial public offerings.",22,positive,neutral,neutral,positive,0.937,positive,0.6287131110409269,positive,0.5267,positive,neutral,neutral
12322.0,2012-04-03,"Consumer credit rose in recent months, with the growth in nonrevolving credit led by continued rapid expansion of government-originated student loans.",21,positive,neutral,neutral,positive,0.9339,positive,0.6853136094151082,positive,0.7783,positive,neutral,neutral
12323.0,2012-05-16,"Inventories in most industries looked to be fairly well aligned with sales in recent months, although motor vehicle stocks were still relatively lean.",23,positive,neutral,neutral,positive,0.3802,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12324.0,2012-07-11,"Indicators of funding market stresses remained muted, as many banks obtained funds from the European Central Bank (ECB) rather than interbank markets.",22,neutral,neutral,neutral,negative,-0.693,negative,0.396157869084334,negative,-0.4215,neutral,neutral,neutral
12325.0,2012-07-11,Several observed that recent declines in gasoline prices would increase households' real incomes and could boost consumer spending in coming quarters.,21,positive,neutral,positive,positive,0.8961,positive,0.6484880799484042,positive,0.6124,neutral,neutral,positive
12326.0,2012-08-22,A number of participants expressed the view that structural changes in the labor market were not sufficient to explain the high level of unemployment.,24,neutral,negative,neutral,negative,-0.844,negative,0.405692832414665,negative,-0.3818,neutral,neutral,neutral
12327.0,2012-10-04,The staff also discussed the potential implications of additional asset purchases for the evolution of the Federal Reserve's balance sheet and income.,22,neutral,neutral,neutral,neutral,0.1104,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12328.0,2012-11-14,Participants saw recent price developments as consistent with inflation remaining at or below the Committee's 2 percent objective over the medium run.,22,neutral,neutral,positive,negative,-0.842,neutral,0.5,neutral,0.0,neutral,neutral,positive
12329.0,2013-02-20,"Nonrevolving credit continued to increase at a robust pace because of growth in student and auto loans, while revolving credit moved roughly sideways.",23,positive,neutral,neutral,positive,0.9349,positive,0.7085805282579909,positive,0.8885,positive,neutral,neutral
12330.0,2013-02-20,"In their discussion of monetary policy for the period ahead, members saw the economic outlook as relatively little changed since the previous meeting.",23,neutral,neutral,neutral,positive,0.4007,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12331.0,2013-04-10,"The production of motor vehicles and parts rose considerably in February, and there were also widespread increases in factory output in other sectors.",23,positive,neutral,neutral,positive,0.9279,positive,0.5925217441636875,positive,0.3744,positive,neutral,neutral
12332.0,2013-04-10,"This caution appeared to have resulted in jobs remaining vacant for substantially longer than would normally be the case, given the unemployment rate.",23,neutral,negative,neutral,negative,-0.944,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12333.0,2013-05-22,"Consumer prices excluding food and energy were flat in March, and their increase from 12 months earlier was similar to that for total consumer prices.",25,neutral,neutral,neutral,positive,0.5556,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12334.0,2013-07-10,"In May, nominal retail sales, excluding those at motor vehicle and parts outlets, increased briskly, while light motor vehicle sales moved up solidly.",23,positive,neutral,neutral,positive,0.9345,neutral,0.5256524569705925,positive,0.1027,positive,neutral,neutral
12335.0,2013-07-10,"Among the factors viewed as supporting consumption were improvements in household balance sheets and in the job market, as well as low interest rates.",24,positive,positive,neutral,positive,0.9009,positive,0.6824383021930648,positive,0.765,positive,neutral,neutral
12336.0,2013-07-10,"Although the manufacturing sector slowed considerably during the spring, contacts in several Districts reported that activity turned up more recently.",20,positive,neutral,neutral,negative,-0.681,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12337.0,2013-07-10,Several participants worried that higher mortgage rates and bond yields could slow the recovery in the housing market and restrain business expansion.,22,negative,neutral,neutral,negative,-0.954,negative,0.3916456613890264,negative,-0.4404,negative,neutral,neutral
12338.0,2013-07-10,A couple of participants expressed concerns that some financial institutions might not be well positioned to weather a rapid run-up in interest rates.,23,negative,neutral,neutral,negative,-0.944,positive,0.6127294642065295,positive,0.4588,neutral,neutral,neutral
12339.0,2013-10-09,"The monetary base continued to expand rapidly, primarily reflecting the rise in reserve balances resulting from the Federal Reserve's asset purchases.",21,neutral,neutral,neutral,positive,0.9315,positive,0.642423863346449,positive,0.5859,positive,neutral,neutral
12340.0,2014-01-08,"The gains in exports were fairly widespread across categories and were led by sales of consumer goods, industrial supplies, and agricultural products.",22,positive,neutral,neutral,positive,0.8656,positive,0.6776515249954356,positive,0.743,positive,neutral,neutral
12341.0,2014-02-19,"Although the recovery in the housing sector had slowed somewhat in recent months, a number of participants reported solid activity in their Districts.",23,No majority found,neutral,neutral,negative,-0.609,neutral,0.5404364949260175,positive,0.1621,neutral,neutral,neutral
12342.0,2014-04-09,One participant voiced concern about high levels of margin debt and of equity market valuations as well as a notable shift into commodity investments.,24,negative,neutral,neutral,negative,-0.908,negative,0.4106691108495632,negative,-0.3612,neutral,neutral,positive
12343.0,2014-05-21,"Asset prices moved in response to economic data releases that were, on balance, a little stronger than expected and to Federal Reserve communications.",23,positive,neutral,neutral,positive,0.364,positive,0.6617718071811991,positive,0.6712,neutral,neutral,positive
12344.0,2014-11-19,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12345.0,2015-01-07,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12346.0,2015-01-07,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12347.0,2015-02-18,"However, reflecting in part the deterioration in market sentiment, the expected path for the federal funds rate implied by market quotes shifted down.",23,negative,neutral,neutral,negative,-0.778,neutral,0.5,neutral,0.0,neutral,neutral,positive
12348.0,2015-02-18,Issuance of collateralized loan obligations declined but remained elevated; 2014 was the strongest year on record for the issuance of such securities.,22,positive,neutral,neutral,negative,-0.861,positive,0.6661448670999395,positive,0.6908,neutral,neutral,neutral
12349.0,2015-02-18,"However, other participants put some weight on the possibility that the decline in inflation compensation reflected a reduction in expected inflation.",21,neutral,neutral,positive,negative,-0.624,neutral,0.5,neutral,0.0,neutral,neutral,positive
12350.0,2015-02-18,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12351.0,2015-02-18,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12352.0,2015-04-08,"The deputy manager followed with a review of System open market operations conducted during the period since the Committee met on January 27-28, 2015.",24,neutral,neutral,neutral,neutral,0.0053,neutral,0.5,neutral,0.0,neutral,neutral,positive
12353.0,2015-04-08,Real personal consumption expenditures (PCE) appeared to decelerate somewhat going into the first quarter after rising markedly in the fourth quarter.,21,negative,neutral,neutral,negative,-0.793,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12354.0,2015-04-08,Both compensation per hour in the nonfarm business sector and the employment cost index rose 2-1/4 percent over the year ending in the fourth quarter.,25,neutral,positive,neutral,positive,0.9204,neutral,0.5,neutral,0.0,neutral,neutral,positive
12355.0,2015-04-08,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12356.0,2015-04-08,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12357.0,2015-05-20,A number of reasons were advanced for believing that the weakness in spending observed during the first quarter was partly or even largely transitory.,24,negative,neutral,neutral,negative,-0.895,neutral,0.4680436192023592,negative,-0.128,neutral,neutral,neutral
12358.0,2015-05-20,"Participants discussed downside risks to economic growth, and a few indicated that, in their assessment, such risks had risen since the March meeting.",23,negative,neutral,neutral,positive,0.7855,negative,0.405692832414665,negative,-0.3818,negative,neutral,neutral
12359.0,2015-05-20,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12360.0,2015-05-20,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12361.0,2015-07-08,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12362.0,2015-07-08,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12363.0,2015-08-19,Spreads on 10-year triple-B-rated and speculative-grade corporate bonds over comparable-maturity Treasury securities widened somewhat over the period.,17,negative,neutral,neutral,positive,0.6826,positive,0.635850737283906,positive,0.5574,neutral,neutral,neutral
12364.0,2015-08-19,The easing of lending standards for residential mortgages evidenced in the most recent SLOOS was cited as a factor likely to support further progress.,24,positive,neutral,neutral,positive,0.835,positive,0.6808976275230328,positive,0.7579,neutral,neutral,positive
12365.0,2015-08-19,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12366.0,2015-08-19,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12367.0,2015-10-08,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12368.0,2015-10-08,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12369.0,2015-11-18,"Advance estimates for September indicated a narrower merchandise trade deficit, with a rebound in exports and a decline in imports relative to August.",23,No majority found,neutral,neutral,negative,-0.779,negative,0.4008559301877525,negative,-0.4019,positive,neutral,neutral
12370.0,2015-11-18,"Participants generally viewed the housing sector as continuing to recover, although a couple of participants noted that the pace of recovery was slow.",23,No majority found,neutral,neutral,negative,-0.101,neutral,0.5,neutral,0.0,positive,neutral,neutral
12371.0,2015-11-18,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12372.0,2015-11-18,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12373.0,2016-01-06,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12374.0,2016-02-17,"For example, in the most recent projections, the median of FOMC participants' estimates of the longer-run normal rate of unemployment was 4.9 percent.",23,neutral,neutral,neutral,negative,-0.717,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12375.0,2016-02-17,Some noted that the demand for ON RRPs could be reduced by widening the spread between the interest rate on reserves and the offering rate on ON RRPs.,28,neutral,neutral,neutral,positive,0.3647,positive,0.5893308891504367,positive,0.3612,neutral,neutral,positive
12376.0,2016-02-17,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12377.0,2016-04-06,The surprisingly limited extent to which aggregate data indicated upward pressure on wage growth also suggested some remaining slack in labor markets.,22,neutral,negative,neutral,negative,-0.859,neutral,0.5443580731214791,positive,0.1779,neutral,neutral,neutral
12378.0,2016-04-06,They expressed a range of views about the likelihood that incoming information would make an adjustment appropriate at the time of their next meeting.,24,neutral,neutral,neutral,neutral,0.184,neutral,0.5,neutral,0.0,neutral,neutral,positive
12379.0,2016-04-06,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12380.0,2016-05-18,"The rates of private-sector hires and quits moved up in February, while the rate of job openings declined a little but was still at an elevated level.",27,neutral,No majority found,neutral,negative,0.0,neutral,0.5,neutral,0.0,neutral,neutral,positive
12381.0,2016-05-18,"However, for many other participants, the recent developments provided greater confidence that inflation would rise to 2 percent over the medium term.",22,neutral,neutral,positive,positive,0.9289,positive,0.6926632716312461,positive,0.8126,neutral,neutral,positive
12382.0,2016-05-18,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12383.0,2016-07-06,"Inflation continued to run below the Committee's 2 percent objective, partly reflecting declines in energy prices and in prices of non-energy imports.",22,neutral,neutral,negative,negative,-0.949,positive,0.5978464578040776,positive,0.3965,neutral,neutral,positive
12384.0,2016-07-06,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.5525,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12385.0,2016-11-23,"The expected path for the federal funds rate implied by quotes on overnight index swap rates steepened slightly, on net, over the intermeeting period.",24,neutral,neutral,neutral,positive,0.8799,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12386.0,2017-01-04,"Likely in part because of the increase in mortgage rates, refinance originations decreased in November, but purchase originations were little changed.",21,negative,neutral,neutral,negative,-0.715,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12387.0,2017-01-04,"The near-term forecast for consumer price inflation was somewhat higher than in the previous projection, reflecting recent increases in energy prices.",21,neutral,neutral,negative,positive,0.8751,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12388.0,2017-02-22,"For example, in the most recent projections, the median of FOMC participants' estimates of the longer-run normal rate of unemployment was 4.8 percent.",23,neutral,neutral,neutral,negative,-0.716,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12389.0,2017-04-05,"The rate of private-sector job openings was unchanged at a high level in December, while the rate of hiring edged up and the rate of quits edged down.",28,neutral,positive,neutral,negative,-0.93,neutral,0.5,neutral,0.0,neutral,neutral,positive
12390.0,2017-04-05,"Total industrial production declined in January, as unseasonably warm weather reduced the demand for heating, which held down the output of utilities.",22,negative,neutral,neutral,negative,-0.968,neutral,0.5256524569705925,positive,0.1027,negative,neutral,neutral
12391.0,2017-10-11,"Interest rates on 30-year fixed-rate residential mortgages moved lower over the intermeeting period, in line with comparable-maturity Treasury yields.",19,positive,neutral,neutral,negative,-0.949,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12392.0,2018-02-21,"For example, in the most recent projections, the median of FOMC participants' estimates of the longer-run normal rate of unemployment was 4.6 percent.",23,neutral,neutral,neutral,negative,-0.709,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12393.0,2018-04-11,Financial markets experienced a notable bout of volatility early in the intermeeting period; volatility was particularly pronounced in equity markets.,20,negative,neutral,neutral,negative,-0.115,neutral,0.5,neutral,0.0,neutral,neutral,positive
12394.0,2018-04-11,"In some Districts, reports from business contacts or evidence from surveys pointed to continuing shortages of workers in segments of the labor market.",23,neutral,positive,neutral,negative,-0.955,negative,0.4378234991142019,negative,-0.25,neutral,neutral,neutral
12395.0,2018-05-23,"Real GDP growth, which slowed in the first quarter, was expected to pick up in the second quarter and to outpace potential output growth through 2020.",26,positive,neutral,neutral,positive,0.9232,positive,0.654052365591518,positive,0.6369,positive,neutral,neutral
12396.0,2018-07-05,"Inflation pressures in the foreign economies generally remained subdued, even though higher oil prices put some upward pressure on headline inflation.",21,neutral,neutral,neutral,positive,0.2223,negative,0.3712868889590731,negative,-0.5267,neutral,neutral,positive
12397.0,2018-10-17,"In some cases, firms were coping with labor shortages by increasing salaries, benefits, or workplace amenities in order to attract and retain workers.",23,neutral,positive,neutral,negative,-0.433,positive,0.6682542826737791,positive,0.7003,neutral,neutral,positive
12398.0,2018-10-17,"With regard to the postmeeting statement, members agreed to remove the sentence indicating that ""the stance of monetary policy remains accommodative.""",21,neutral,neutral,neutral,neutral,-0.439,positive,0.6038421309156661,positive,0.4215,neutral,neutral,positive
12399.0,2019-01-09,"The unemployment rates for African Americans, Asians, and Hispanics in November were below their levels at the end of the previous economic expansion.",23,neutral,positive,neutral,negative,-0.961,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,neutral
12400.0,2019-01-09,"Broad consumer credit grew at a solid pace through September, though October and November saw credit card growth at banks edge a bit lower on average.",26,neutral,neutral,neutral,negative,-0.477,positive,0.6776515249954356,positive,0.743,positive,neutral,neutral
12401.0,2019-01-09,"Participants commented on a number of risks associated with their outlook for economic activity, the labor market, and inflation over the medium term.",23,negative,negative,negative,neutral,-0.019,negative,0.449596780064486,negative,-0.2023,neutral,neutral,neutral
12402.0,2019-02-20,"For example, in the most recent projections, the median of FOMC participants' estimates of the longer-run normal rate of unemployment was 4.4 percent.",23,neutral,neutral,neutral,negative,-0.711,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12403.0,2019-02-20,Financing conditions for businesses and households tightened a bit further over the intermeeting period but remained generally supportive of spending.,20,neutral,neutral,neutral,positive,0.8857,positive,0.5734643936132494,positive,0.296,neutral,neutral,neutral
12404.0,2019-02-20,"Participants commented on a number of risks associated with their outlook for economic activity, the labor market, and inflation over the medium term.",23,negative,negative,negative,neutral,-0.019,negative,0.449596780064486,negative,-0.2023,neutral,neutral,neutral
12405.0,2019-05-22,The staff also noted that the sustained growth of lending by banks to nonbank financial firms represented an increase in financial interconnectedness.,22,positive,neutral,neutral,positive,0.922,positive,0.6455190236879995,positive,0.5994,positive,neutral,neutral
12406.0,2019-08-21,"Moreover, the possibility of favorable outcomes of trade negotiations could be a factor that would provide a boost to economic activity in the future.",24,positive,neutral,neutral,positive,0.9283,positive,0.6682542826737791,positive,0.7003,positive,neutral,neutral
12407.0,2019-10-09,"Consumer credit expanded at a moderate pace in the second quarter overall, with bank credit data pointing to continued growth through July and August.",24,positive,neutral,neutral,positive,0.9341,positive,0.6993490465266773,positive,0.8442,neutral,neutral,neutral
12408.0,2020-02-19,"Late in the period, equity prices retraced some of their gains, as concerns about the spread of the coronavirus weighed nagativeely on risk sentiment.",24,negative,neutral,neutral,negative,-0.167,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12409.0,2020-05-20,"A sharp reduction in global demand for petroleum had led to unused supply that was overwhelming storage capacity, resulting in a plunge in oil prices.",25,negative,neutral,neutral,negative,-0.965,neutral,0.4680436192023592,negative,-0.128,negative,neutral,neutral
12410.0,2020-05-20,"In this way, these emergency lending facilities were intended to help support the economy until pandemic-related credit market disruptions had abated.",21,neutral,neutral,neutral,positive,0.4779,positive,0.6083543386109735,positive,0.4404,neutral,neutral,neutral
12411.0,2020-07-01,"Financial conditions had improved, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.",23,positive,neutral,neutral,positive,0.9417,positive,0.6904021378903575,positive,0.802,positive,neutral,neutral
12412.0,2020-08-19,"While the S&P 500 index was little changed, the effect of renewed outbreaks was evident in the differentiated performance across S&P industry sectors.",23,negative,neutral,neutral,positive,0.2436,neutral,0.5,neutral,0.0,neutral,neutral,positive
12413.0,2020-08-19,"The consumer price index (CPI) increased 0.6 percent over the 12 months ending in June, while core CPI inflation was 1.2 percent over the same period.",26,neutral,neutral,No majority found,positive,0.9292,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12414.0,2020-08-19,The consumer sentiment measures from both the Michigan survey and the Conference Board survey improved notably in June but fell back somewhat in July.,24,positive,neutral,neutral,negative,-0.95,positive,0.6083543386109735,positive,0.4404,neutral,neutral,neutral
12415.0,2020-08-19,The July SLOOS and other surveys of mortgage market conditions suggested that both bank and nonbank lenders tightened standards in the second quarter.,23,negative,neutral,neutral,negative,-0.013,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12416.0,2020-10-07,The information available at the time of the September 15??6 meeting suggested that U.S. real GDP was rebounding at a rapid rate in the third quarter.,26,positive,neutral,neutral,positive,0.9125,neutral,0.5,neutral,0.0,positive,neutral,neutral
12417.0,2020-10-07,"However, the credit quality of municipal debt deteriorated somewhat, driven by a relatively large volume of credit rating downgrades of revenue bonds.",22,negative,neutral,neutral,negative,-0.938,positive,0.5991440698122475,positive,0.4019,negative,neutral,neutral
12418.0,2020-10-07,"Allthough business contacts indicated that overall business activity had been stronger than they expected, it remained well below pre-pandemic levels.",20,negative,neutral,neutral,negative,-0.661,positive,0.624947117938639,positive,0.5106,neutral,neutral,neutral
12419.0,2020-11-25,Expectations for the economic conditions that will prevail when the FOMC first lifts the target range were little changed since the September surveys.,23,neutral,neutral,neutral,neutral,0.0753,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12420.0,2021-02-17,"Gross corporate bond issuance was fairly strong in November and December, and seasoned and initial public offerings in the equity markets were robust.",23,positive,neutral,neutral,positive,0.9322,positive,0.594307167585335,positive,0.3818,positive,neutral,neutral
12421.0,2021-02-17,"With the economy still far from those goals, participants judged that it was likely to take some time for substantial further progress to be achieved.",25,negative,neutral,neutral,positive,0.8447,positive,0.635850737283906,positive,0.5574,neutral,neutral,neutral
12422.0,2021-04-07,"Construction permits for single-family homes moved down, on net, over January and February, pointing to some slowing in construction in coming months.",22,negative,neutral,neutral,negative,-0.966,neutral,0.5,neutral,0.0,negative,neutral,neutral
12423.0,2021-04-07,"There continued to be no participation in the Federal Reserve's repo operations, but participation in the Federal Reserve's ON RRP increased a little.",23,neutral,neutral,neutral,positive,0.857,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12424.0,2021-05-19,These minor technical adjustments would have no implications for the effects of the Federal Reserve's asset purchases on overall financial conditions.,21,neutral,neutral,neutral,neutral,-0.042,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12425.0,2021-07-07,Participants agreed that this technical adjustment had no bearing on the appropriate path for the federal funds rate or the stance of monetary policy.,24,neutral,neutral,neutral,neutral,0.014,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12426.0,2021-10-13,Developments in Financial Markets and Open Market OperationsThe manager turned first to a discussion of financial market developments over the period.,21,neutral,neutral,neutral,neutral,0.0106,neutral,0.5,neutral,0.0,neutral,neutral,positive
12427.0,2021-10-13,"Participants observed that economic activity had continued to expand in recent months, though at a less rapid pace than in the first half of the year.",26,positive,neutral,neutral,positive,0.9274,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12428.0,2021-11-24,"In the residential mortgage market, financing conditions remained accommodative, particularly for borrowers who met standard conforming loan criteria.",18,positive,neutral,neutral,positive,0.5168,neutral,0.5,neutral,0.0,neutral,neutral,positive
12429.0,2021-11-24,"As a result, the 12-month change in PCE prices was projected to move up further relative to September's pace and to end the year well above 2 percent.",28,neutral,neutral,negative,positive,0.9253,neutral,0.5,neutral,0.0,neutral,neutral,positive
12430.0,2021-11-24,Increase holdings of Treasury securities and agency MBS by additional amounts as needed to sustain smooth functioning of markets for these securities.,22,neutral,neutral,neutral,positive,0.6773,positive,0.6866491556388117,positive,0.7845,neutral,neutral,positive
12431.0,2021-11-24,"The sectors most adversely affected by the pandemic have improved in recent months, but the summer's rise in COVID-19 cases has slowed their recovery.",24,negative,neutral,neutral,negative,-0.33,positive,0.5678783310011088,positive,0.2732,positive,neutral,neutral
12432.0,2022-01-05,Developments in Financial Markets and Open Market OperationsThe manager turned first to a discussion of financial market developments over the period.,21,neutral,neutral,neutral,neutral,0.0106,neutral,0.5,neutral,0.0,neutral,neutral,positive
12433.0,2022-01-05,"Shortages of construction materials appeared to have hampered building completions, and there was limited availability of lots ready for construction.",20,negative,neutral,neutral,negative,-0.962,neutral,0.4743475430294075,negative,-0.1027,negative,neutral,neutral
12434.0,2022-01-05,Increase holdings of Treasury securities and agency MBS by additional amounts as needed to sustain smooth functioning of markets for these securities.,22,neutral,neutral,neutral,positive,0.6773,positive,0.6866491556388117,positive,0.7845,neutral,neutral,positive
12435.0,2022-02-16,"Even so, an improvement in supply conditions and a decline in consumer energy prices were expected to slow PCE price inflation to 2.6 percent in 2022.",26,neutral,neutral,neutral,negative,-0.862,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12436.0,2022-02-16,Increase holdings of Treasury securities and agency MBS by additional amounts as needed to sustain smooth functioning of markets for these securities.,22,neutral,neutral,neutral,positive,0.6773,positive,0.6866491556388117,positive,0.7845,neutral,neutral,positive
12437.0,2022-05-25,The staff noted that leverage at key nonbank financial institutions (NBFIs) was elevated and that bank lending to NBFIs continued to increase notably.,23,positive,neutral,neutral,positive,0.9414,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12438.0,2022-07-06,"The manager noted that, if ON RRP usage continued to rise, it may be appropriate at some point to consider further lifting the per-counterparty limit.",25,neutral,neutral,neutral,positive,0.737,neutral,0.5,neutral,0.0,neutral,neutral,positive
12439.0,2022-07-06,"Gross nonfinancial corporate bond issuance slowed in May, especially among speculative-grade issuers, amid elevated market volatility and high yields.",19,negative,neutral,neutral,negative,-0.94,negative,0.4154451552078026,negative,-0.3415,negative,neutral,neutral
12440.0,2022-07-06,This development reversed a pattern of loan loss reserves being released throughout last year and reflected concerns about the credit quality outlook.,22,negative,neutral,neutral,negative,-0.662,neutral,0.5192904202999741,positive,0.0772,neutral,neutral,neutral
12441.0,2022-08-17,"The private-sector job openings rate, as measured by the Job Openings and Labor Turnover Survey, declined further in May but remained at a high level.",25,neutral,negative,neutral,negative,-0.958,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12442.0,2022-08-17,"Credit appeared to be available to most small businesses, although the share of small firms reporting that it was difficult to obtain loans increased.",24,negative,neutral,neutral,positive,0.9199,positive,0.635850737283906,positive,0.5574,neutral,neutral,neutral
12443.0,2022-08-17,"As a result, while the projected level of real GDP remained above potential this year, the gap was expected to have closed by the second half of 2023.",28,positive,neutral,neutral,negative,-0.37,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12444.0,2022-10-12,"Staff Review of the Financial SituationOver the intermeeting period, U.S. Treasury yields and the market-implied federal funds rate path moved higher.",21,neutral,neutral,neutral,positive,0.841,positive,0.5504032199355139,positive,0.2023,neutral,neutral,neutral
12445.0,2022-10-12,"In their discussion of current economic conditions, participants noted that recent indicators had pointed to modest growth in spending and production.",21,positive,neutral,neutral,positive,0.3746,positive,0.594307167585335,positive,0.3818,positive,neutral,neutral
12446.0,2023-02-22,"Participants agreed that activity in the housing market had continued to weaken, largely reflecting the increase in mortgage rates over the past year.",23,negative,neutral,neutral,negative,-0.956,positive,0.5621765008857981,positive,0.25,negative,neutral,neutral
12447.0,2006-05-31,Measures of inflation compensation based on the difference between yields on nominal Treasury securities and inflation-indexed issues had edged higher.,20,neutral,neutral,negative,positive,0.0574,positive,0.6210247413644827,positive,0.4939,neutral,neutral,positive
12448.0,2006-10-11,"The unemployment rate ticked back down to 4.7 percent in August, but it remained within the narrow band that prevailed since the beginning of the year.",26,neutral,positive,neutral,negative,-0.953,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12449.0,2006-10-11,"In the household sector, debt expanded in the second quarter at a rate slightly below that in the first quarter, as mortgage debt decelerated somewhat.",25,neutral,neutral,neutral,positive,0.7607,negative,0.4008559301877525,negative,-0.4019,neutral,neutral,neutral
12450.0,2006-10-11,"In the view of many participants, economic expansion would probably track close to the rate of growth of the economy's potential next year and in 2008.",26,positive,neutral,neutral,neutral,0.3072,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12451.0,2007-10-09,"More generally, surveys of business conditions suggested that increases in business activity were somewhat slower in August than in the second quarter.",22,negative,neutral,neutral,negative,-0.845,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12452.0,2007-11-20,"Core consumer price inflation remained moderate in August and September and, on a twelve-month change basis, was down noticeably from a year earlier.  ",23,neutral,neutral,positive,negative,-0.962,neutral,0.5,neutral,0.0,neutral,neutral,positive
12453.0,2007-11-20,"Early in the intermeeting period, the functioning of short-term funding markets improved somewhat, but conditions in these markets remained strained.  ",20,negative,neutral,neutral,positive,0.4656,neutral,0.5128971385098865,positive,0.0516,negative,neutral,neutral
12454.0,2007-11-20,"Nonetheless, the potential for significant further weakening in housing activity and home prices represented a downside risk to the economic outlook.  ",21,negative,neutral,neutral,negative,-0.941,negative,0.364149262716094,negative,-0.5574,negative,neutral,neutral
12455.0,2008-02-20,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12456.0,2008-04-08,"Real disposable personal income was unchanged in the fourth quarter, held down by higher food and energy prices, and moved up only slightly in January.",25,neutral,neutral,negative,negative,-0.888,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12457.0,2008-07-16,"Headline consumer price inflation in the United States remained elevated in April and May, mostly because of large increases in food and energy prices.",24,neutral,neutral,negative,positive,0.2922,positive,0.675923433205856,positive,0.7351,neutral,neutral,positive
12458.0,2008-08-26,"Headline consumer price inflation in the United States stepped up in recent months, largely as a result of sizable increases in food and energy prices.",25,neutral,neutral,negative,positive,0.894,positive,0.675923433205856,positive,0.7351,neutral,neutral,positive
12459.0,2008-08-26,"While some financial institutions had strengthened their balance sheets with new capital issues, raising new capital had become increasingly difficult.",20,negative,neutral,neutral,negative,-0.579,neutral,0.4871028614901135,negative,-0.0516,neutral,neutral,neutral
12460.0,2008-08-26,"Tight credit conditions, the ongoing housing contraction, and elevated energy prices are likely to weigh on economic growth over the next few quarters.",23,negative,neutral,neutral,negative,-0.884,positive,0.6776515249954356,positive,0.743,negative,neutral,neutral
12461.0,2008-10-07,"In the business sector, investment in equipment and software fell in the second quarter, largely reflecting a sharp drop in spending on motor vehicles.",24,negative,neutral,neutral,negative,-0.967,negative,0.4321216689988913,negative,-0.2732,negative,neutral,neutral
12462.0,2008-11-19,The failure or near failure of a number of major financial institutions had deepened market concerns about counterparty credit risk and liquidity risk.,23,negative,neutral,neutral,negative,-0.927,negative,0.3133508443611882,negative,-0.7845,neutral,neutral,neutral
12463.0,2008-11-19,"Moreover, households, like businesses, were reportedly reacting to the shifting economic circumstances in recent weeks by cutting expenditures further.",19,negative,neutral,neutral,negative,-0.902,neutral,0.5256524569705925,positive,0.1027,neutral,neutral,positive
12464.0,2009-01-06,"Gross issuance of bonds by nonfinancial investment-grade companies continued at a solid pace, but issuance of speculative-grade bonds remained at zero.",21,negative,neutral,neutral,positive,0.758,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12465.0,2009-02-18,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12466.0,2009-02-18,"Output in high-tech sectors contracted in the fourth quarter, reflecting reduced production of semiconductors, communications equipment, and computers.",18,negative,neutral,neutral,negative,-0.966,neutral,0.5,neutral,0.0,negative,neutral,neutral
12467.0,2009-02-18,"After rising rapidly during the first nine months of the year, producer prices excluding food and energy fell sharply in the last three months of 2008.",26,neutral,neutral,No majority found,negative,-0.952,neutral,0.5128971385098865,positive,0.0516,positive,neutral,neutral
12468.0,2009-02-18,Yields and spreads on 30-day A1/P1 nonfinancial and financial CP as well as on asset-backed commercial paper (ABCP) declined modestly and remained low.,23,No majority found,neutral,neutral,negative,-0.959,neutral,0.5256524569705925,positive,0.1027,neutral,neutral,neutral
12469.0,2009-04-08,Several members felt that the significant deterioration in the economic outlook merited a very substantial increase in purchases of longer-term assets.,21,negative,neutral,neutral,positive,0.8822,positive,0.7001684222900184,positive,0.8481,negative,neutral,neutral
12470.0,2009-05-20,"Looking further ahead, participants considered a number of factors that would be likely to restrain the pace of economic recovery over the medium term.",24,negative,neutral,neutral,negative,-0.652,neutral,0.5192904202999741,positive,0.0772,neutral,neutral,positive
12471.0,2009-07-15,Ensuring that policy accommodation can ultimately be withdrawn smoothly and at the appropriate time would remain a top priority of the Federal Reserve.,23,neutral,neutral,neutral,neutral,0.0984,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12472.0,2009-07-15,Real spending on equipment outside of high-tech and transportation seemed to have dropped less rapidly in the second quarter than in the first quarter.,24,negative,neutral,neutral,negative,-0.96,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12473.0,2009-07-15,"With the recovery projected to be rather sluggish, most participants anticipated that the employment situation was likely to be downbeat for some time.",23,negative,negative,neutral,negative,-0.947,negative,0.4008559301877525,negative,-0.4019,negative,neutral,neutral
12474.0,2009-09-02,"Median year-ahead inflation expectations in the Reuters/University of Michigan Survey of Consumers held relatively steady in July, as in recent months.",21,neutral,neutral,neutral,negative,-0.353,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12475.0,2009-09-02,"Subsequently, investors revised down the expected policy path after the June employment report and the Chairman's semiannual monetary policy testimony.",20,neutral,neutral,neutral,negative,-0.88,neutral,0.5,neutral,0.0,neutral,neutral,positive
12476.0,2009-09-02,Large fractions of respondents to the July survey again noted that they had tightened standards and that the demand for CRE loans had weakened further.,25,negative,neutral,neutral,negative,-0.94,negative,0.375052882061361,negative,-0.5106,negative,neutral,neutral
12477.0,2009-10-14,"Core consumer price inflation continued to be subdued in July and August, but higher gasoline prices raised overall consumer price inflation in August.",23,neutral,neutral,negative,positive,0.5741,neutral,0.5,neutral,0.0,neutral,neutral,positive
12478.0,2009-10-14,"In these circumstances, the Federal Reserve will continue to employ a wide range of tools to promote economic recovery and to preserve price stability.",24,No majority found,neutral,No majority found,positive,0.5443,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12479.0,2009-11-24,"Conditions in the secondary market for leveraged syndicated loans continued to improve, as secondary-market prices rose and bid-asked spreads narrowed.",20,positive,neutral,neutral,positive,0.9391,positive,0.6083543386109735,positive,0.4404,positive,neutral,neutral
12480.0,2009-11-24,"In these circumstances, the Federal Reserve will continue to employ a wide range of tools to promote economic recovery and to preserve price stability.",24,No majority found,neutral,No majority found,positive,0.5443,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12481.0,2010-02-17,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12482.0,2010-02-17,All agreed that raising the IOER rate and the target for the federal funds rate would be a key element of a move to less accommodative monetary policy.,28,neutral,neutral,neutral,positive,0.7095,positive,0.5893308891504367,positive,0.3612,neutral,neutral,positive
12483.0,2010-02-17,"Participants recognized, however, that the supply of reserve balances would need to be reduced considerably to lift the funds rate above the IOER rate.",24,neutral,neutral,neutral,positive,0.1483,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12484.0,2010-05-19,"Despite the strength of exports, merchandise trade balances declined for some countries where strong domestic demand caused imports to outpace exports.",21,neutral,neutral,neutral,negative,-0.949,neutral,0.5110981768514073,neutral,0.0444,neutral,neutral,positive
12485.0,2010-05-19,The latest readings on core inflation--which exclude the relatively volatile prices of food and energy--were generally lower than they had anticipated.,21,neutral,neutral,neutral,negative,-0.91,negative,0.4436652116904393,negative,-0.2263,neutral,neutral,positive
12486.0,2010-07-14,"With private final demand having strengthened, inventory adjustments and fiscal stimulus were no longer the main factors supporting economic expansion.",20,positive,neutral,neutral,neutral,0.3125,positive,0.6323472939616752,positive,0.5423,neutral,neutral,neutral
12487.0,2010-07-14,"However, inflation expectations were seen by most participants as well anchored, which would tend to curb any tendency for actual inflation to decline.",23,neutral,neutral,neutral,negative,-0.753,neutral,0.5,neutral,0.0,neutral,neutral,positive
12488.0,2010-08-31,"However, investor demand for high-quality commercial mortgage-backed securities (CMBS) reportedly was robust, although issuance of CMBS remained muted.",18,neutral,neutral,neutral,positive,0.692,positive,0.624947117938639,positive,0.5106,neutral,neutral,neutral
12489.0,2010-08-31,"Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit.",20,positive,negative,neutral,negative,-0.838,positive,0.6661448670999395,positive,0.6908,neutral,neutral,neutral
12490.0,2010-10-12,"Meanwhile, nonfinancial commercial paper outstanding contracted as very low yields on corporate bonds led to some substitution toward longer-term debt.",20,neutral,neutral,neutral,negative,-0.923,neutral,0.5256524569705925,positive,0.1027,neutral,neutral,positive
12491.0,2010-10-12,"The pace of initial public offerings and seasoned equity offerings by nonfinancial firms slowed in August, partly reflecting typical seasonal patterns.",21,neutral,neutral,neutral,negative,-0.938,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12492.0,2010-10-12,"In reaction, the yen depreciated about 3 percent against the dollar, essentially reversing its rise over the preceding part of the intermeeting period.",23,neutral,neutral,neutral,negative,-0.567,neutral,0.5,neutral,0.0,neutral,neutral,positive
12493.0,2010-10-12,Asset prices had been relatively sensitive to incoming economic data over the intermeeting period but generally ended the period little changed on net.,23,neutral,neutral,neutral,neutral,-0.191,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12494.0,2010-10-12,"Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit.",20,positive,negative,neutral,negative,-0.838,positive,0.6661448670999395,positive,0.6908,neutral,neutral,neutral
12495.0,2010-11-23,"Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit.",20,positive,negative,neutral,negative,-0.838,positive,0.6661448670999395,positive,0.6908,neutral,neutral,neutral
12496.0,2011-01-04,"Secondary-market prices for leveraged loans rose slightly over the intermeeting period, while bid-asked spreads in that market continued to drift down.",21,positive,neutral,neutral,negative,-0.621,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12497.0,2011-02-16,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12498.0,2011-02-16,The increase in equity prices reflected the apparent firming of the economic recovery and favorable early reports on fourth-quarter corporate earnings.,21,positive,neutral,neutral,positive,0.929,positive,0.6591929943933286,positive,0.6597,positive,neutral,neutral
12499.0,2011-02-16,"If so, a considerably stronger recovery could take hold, more in line with the sorts of recoveries seen following deep economic recessions in the past.",25,positive,neutral,neutral,positive,0.9233,neutral,0.5499825028112763,positive,0.2006,positive,neutral,neutral
12500.0,2011-07-12,"Staff Review of the Financial SituationInvestors appeared to adopt a more cautious attitude toward risk, particularly later in the intermeeting period.",21,negative,neutral,neutral,neutral,-0.019,negative,0.449596780064486,negative,-0.2023,neutral,neutral,neutral
12501.0,2011-11-22,"Overall consumer price inflation was more moderate than earlier in the year, as prices of energy and some commodities declined from their recent peaks.",24,neutral,neutral,neutral,negative,-0.949,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12502.0,2012-02-15,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12503.0,2012-02-15,"Private nonfarm employment continued to expand moderately, while state and local government employment decreased at a slower pace than earlier in 2011.",22,neutral,neutral,neutral,negative,-0.868,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12504.0,2012-04-03,But most firms reportedly remained fairly cautious--particularly on hiring decisions--and continued to be uncertain about the strength of the recovery.,20,negative,negative,neutral,negative,-0.87,neutral,0.5382004122365355,positive,0.1531,neutral,neutral,neutral
12505.0,2012-11-14,"Imports edged down, on net, with higher purchases of services and petroleum products more than offset by declines in all of the other major categories.",25,negative,neutral,neutral,negative,-0.951,neutral,0.5,neutral,0.0,neutral,neutral,positive
12506.0,2012-11-14,"Bank credit continued to expand at a moderate rate in the third quarter, with further growth in loans augmented by larger gains in securities holdings.",25,positive,neutral,neutral,positive,0.9383,positive,0.7122219362552028,positive,0.9062,positive,neutral,neutral
12507.0,2013-01-03,"In the agricultural sector, farm incomes were high, notwithstanding the drought, although elevated grain prices were cutting into profits on livestock.",21,positive,neutral,neutral,negative,-0.775,positive,0.5504032199355139,positive,0.2023,positive,neutral,neutral
12508.0,2013-02-20,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12509.0,2013-02-20,"Increases in real personal consumption expenditures picked up somewhat in the fourth quarter, boosted importantly by higher spending on motor vehicles.",21,positive,neutral,neutral,positive,0.9355,positive,0.672959250624098,positive,0.7216,positive,neutral,neutral
12510.0,2013-07-10,"House prices continued to rise in recent months, with national home price indexes up between 5 and 12 percent over the 12-month period ending in April.",26,positive,neutral,neutral,positive,0.93,neutral,0.5,neutral,0.0,positive,neutral,neutral
12511.0,2014-01-08,A few participants raised the possibility that recent declines in inflation might suggest that the economic recovery was not as strong as some thought.,24,negative,neutral,neutral,negative,-0.606,positive,0.624947117938639,positive,0.5106,neutral,neutral,neutral
12512.0,2014-02-19,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12513.0,2014-04-09,One of these participants suggested that persistently low inflation was a clear reflection of a sizable shortfall of employment from its maximum level.,23,neutral,negative,negative,negative,-0.935,neutral,0.5319563807976407,positive,0.128,neutral,neutral,positive
12514.0,2014-05-21,"Participants generally favored the further testing of various tools, including the TDF, to better assess their operational readiness and effectiveness.",20,neutral,neutral,neutral,positive,0.5987,positive,0.63920147454366,positive,0.5719,neutral,neutral,neutral
12515.0,2014-07-09,"However, the labor force participation rate also declined in April and then held steady in May, while the employment-to-population ratio remained flat.",22,neutral,negative,neutral,negative,-0.96,neutral,0.5,neutral,0.0,neutral,neutral,positive
12516.0,2014-08-20,"Near-term inflation expectations from the Michigan survey were little changed, on net, in June and early July, while longer-term expectations declined.",21,neutral,neutral,neutral,negative,-0.91,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12517.0,2014-10-08,"During participants' discussion of prospects for economic activity abroad, they commented on a number of uncertainties and risks attending the outlook.",21,negative,neutral,neutral,neutral,-0.049,negative,0.4378234991142019,negative,-0.25,neutral,neutral,neutral
12518.0,2014-10-08,"Over the intermeeting period, the foreign exchange value of the dollar had appreciated, particularly against the euro, the yen, and the pound sterling.",23,neutral,neutral,positive,positive,0.9394,positive,0.6513321551518594,positive,0.6249,neutral,neutral,neutral
12519.0,2014-11-19,"Following large increases in July, both exports and imports grew only modestly, with gains concentrated in capital goods excluding automotive products.",21,positive,neutral,neutral,positive,0.9264,positive,0.6838885230913988,positive,0.7717,neutral,neutral,neutral
12520.0,2014-11-19,"Foreign economies appeared to have continued to expand at a moderate rate in the third quarter, although with considerable divergence across countries.",22,No majority found,neutral,neutral,positive,0.9268,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12521.0,2015-01-07,Option-implied volatility for one-month returns on the S&P 500 index--the VIX--rose sharply late in the period to levels close to those in mid-October.,23,negative,neutral,neutral,positive,0.9091,neutral,0.5,neutral,0.0,neutral,neutral,positive
12522.0,2015-01-07,"CRE loans on banks' books expanded at a moderate pace in October and November, and issuance of commercial mortgage-backed securities (CMBS) was strong.",23,positive,neutral,neutral,positive,0.9361,positive,0.6879601476961928,positive,0.7906,neutral,neutral,neutral
12523.0,2015-02-18,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12524.0,2015-02-18,"The deputy manager followed with a review of System open market operations conducted during the period since the Committee met on December 16-17, 2014.",24,neutral,neutral,neutral,neutral,0.0072,neutral,0.5,neutral,0.0,neutral,neutral,positive
12525.0,2015-02-18,"Looking ahead, some participants highlighted the potential benefits of streamlining the Committee's postmeeting statement once normalization has begun.",18,neutral,neutral,neutral,positive,0.8373,positive,0.6591929943933286,positive,0.6597,neutral,neutral,positive
12526.0,2015-04-08,"In its medium-term and longer-run projections, the staff slightly lowered its assumptions for potential GDP growth and real equilibrium interest rates.",21,negative,neutral,neutral,negative,-0.138,positive,0.638970819505875,positive,0.5709,negative,neutral,neutral
12527.0,2015-07-08,Growth in real private expenditures for business equipment and intellectual property products appeared to remain relatively slow in the second quarter.,21,negative,neutral,neutral,negative,-0.927,positive,0.6703127684073539,positive,0.7096,neutral,neutral,neutral
12528.0,2015-10-08,"Conditions in the market for residential mortgages continued to improve slowly, with interest rates on 30-year fixed-rate mortgages declining slightly.",20,neutral,neutral,neutral,negative,-0.485,positive,0.6703127684073539,positive,0.7096,neutral,neutral,positive
12529.0,2015-10-08,"Financing conditions in consumer credit markets remained generally accommodative, and the performance of outstanding consumer loans was largely stable.",19,positive,neutral,neutral,positive,0.8595,positive,0.6966931350849054,positive,0.8316,neutral,neutral,neutral
12530.0,2015-10-08,"Inflation continued to run below the Committee's longer-run objective, partly reflecting declines in energy prices and in prices of non-energy imports.",21,neutral,neutral,negative,negative,-0.95,positive,0.5978464578040776,positive,0.3965,neutral,neutral,positive
12531.0,2015-11-18,The unemployment rate was expected to decline gradually and to run a little below the staff's estimate of its longer-run natural rate over this period.,25,neutral,positive,neutral,negative,-0.873,neutral,0.4743475430294075,negative,-0.1027,neutral,neutral,positive
12532.0,2015-11-18,Participants noted that business fixed investment appeared to be increasing at a solid rate despite the sharp contraction in energy-related investment.,21,positive,neutral,neutral,positive,0.9331,positive,0.5670929049654543,positive,0.27,positive,neutral,neutral
12533.0,2015-11-18,They were concerned about a potential loss of momentum in the economy and the associated possibility that inflation might fail to increase as expected.,24,negative,neutral,negative,negative,-0.959,negative,0.3676527060383248,negative,-0.5423,negative,neutral,neutral
12534.0,2015-11-18,Market-based measures of inflation compensation moved slightly lower; survey-based measures of longer-term inflation expectations have remained stable.,17,neutral,neutral,positive,negative,-0.788,neutral,0.5252285572692973,positive,0.101,neutral,neutral,positive
12535.0,2016-01-06,The measures from both the Survey of Professional Forecasters for the fourth quarter and the Survey of Primary Dealers in December moved down slightly.,24,negative,neutral,neutral,negative,-0.963,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12536.0,2016-01-06,The unemployment rate was expected to decline gradually and to run somewhat below the staff's estimate of its longer-run natural rate over this period.,24,neutral,positive,neutral,negative,-0.898,neutral,0.4743475430294075,negative,-0.1027,neutral,neutral,positive
12537.0,2016-01-06,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.""",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,neutral
12538.0,2016-02-17,"To provide means for meeting System and Treasury commitments in particular currencies, and to facilitate operations of the Exchange Stabilization Fund.",21,neutral,neutral,neutral,neutral,0.0903,positive,0.6287131110409269,positive,0.5267,neutral,neutral,positive
12539.0,2016-02-17,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12540.0,2016-04-06,Firms' nominal spending for nonresidential structures excluding drilling and mining increased somewhat in January after having declined for two months.,20,neutral,neutral,neutral,positive,0.89,neutral,0.5256524569705925,positive,0.1027,neutral,neutral,neutral
12541.0,2016-04-06,The possible adverse effects on investment spending of concerns about global growth and the associated volatility in financial markets were also noted.,22,negative,neutral,neutral,negative,-0.876,neutral,0.5064496422423137,neutral,0.0258,negative,neutral,neutral
12542.0,2016-04-06,A number of participants judged that the headwinds restraining growth and holding down the neutral rate of interest were likely to subside only slowly.,24,negative,neutral,neutral,negative,-0.381,positive,0.6703127684073539,positive,0.7096,negative,neutral,neutral
12543.0,2016-04-06,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.""",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,neutral
12544.0,2016-05-18,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.""",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,neutral
12545.0,2016-07-06,"Total nonfarm payroll employment gains slowed in April and May, even after adjusting for the effects of a strike at a large telecommunications company.",24,neutral,negative,neutral,negative,-0.953,positive,0.6083543386109735,positive,0.4404,neutral,neutral,positive
12546.0,2016-07-06,"Decreases in equity indexes in the AFEs, particularly in Europe, also reportedly reflected concerns about the possibility of a successful ""leave"" vote.",22,negative,neutral,neutral,negative,-0.955,positive,0.635850737283906,positive,0.5574,neutral,neutral,positive
12547.0,2016-07-06,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12548.0,2016-08-17,Prices of risky assets and advanced-economy bond yields also fell in response to the heightened uncertainty and expectations of slower economic growth.,22,negative,neutral,neutral,negative,-0.96,positive,0.6083543386109735,positive,0.4404,negative,neutral,neutral
12549.0,2016-08-17,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12550.0,2016-10-12,A few participants referred to historical episodes when the unemployment rate appeared to have fallen well below its estimated longer-run normal level.,22,neutral,positive,neutral,negative,-0.934,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,neutral
12551.0,2016-10-12,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12552.0,2016-11-23,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12553.0,2017-01-04,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12554.0,2017-02-22,"In addition, consumer sentiment, as measured by the University of Michigan Surveys of Consumers, moved up to an elevated level in December and January.",24,positive,neutral,neutral,positive,0.9229,neutral,0.5,neutral,0.0,positive,neutral,neutral
12555.0,2017-02-22,Building permit issuance for new single-family homes--which tends to be a reliable indicator of the underlying trend in construction--advanced solidly.,20,positive,neutral,neutral,positive,0.9289,neutral,0.5,neutral,0.0,positive,neutral,neutral
12556.0,2017-02-22,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.""",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,neutral
12557.0,2017-04-05,"Over the intermeeting period, federal funds continued to trade near the center of the Committee's 1/2 to 3/4 percent target range except on month-ends.",24,neutral,neutral,neutral,neutral,0.0544,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12558.0,2017-04-05,"Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.",18,neutral,neutral,positive,negative,-0.56,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12559.0,2017-04-05,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12560.0,2017-05-24,"Gross issuance of corporate bonds and leveraged loans remained strong in March, with a large share of lower-rated debt issued for refinancing purposes.",23,positive,neutral,neutral,positive,0.9326,negative,0.4211144841706044,negative,-0.3182,positive,neutral,neutral
12561.0,2017-05-24,"Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.",18,neutral,neutral,positive,negative,-0.56,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12562.0,2017-05-24,"This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.",19,positive,neutral,neutral,positive,0.588,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12563.0,2017-07-05,"Total nonfarm payroll employment expanded further in April and May, and the average pace of job gains over the first five months of the year was solid.",27,neutral,positive,neutral,positive,0.9208,positive,0.6776515249954356,positive,0.743,positive,neutral,neutral
12564.0,2017-07-05,"Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.",18,neutral,neutral,positive,negative,-0.56,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12565.0,2017-08-16,Spreads of yields on investment- and speculative-grade nonfinancial corporate bonds over comparable-maturity Treasury securities narrowed a bit on net.,19,positive,neutral,neutral,negative,-0.192,positive,0.635850737283906,positive,0.5574,neutral,neutral,neutral
12566.0,2017-08-16,"Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.",18,neutral,neutral,positive,negative,-0.56,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12567.0,2017-10-11,"Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.",18,neutral,neutral,positive,negative,-0.56,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12568.0,2017-11-22,"Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.",18,neutral,neutral,positive,negative,-0.56,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12569.0,2018-01-03,The available trade data suggested that the change in real net exports would make a neutral contribution to real U.S. GDP growth in the fourth quarter.,26,neutral,neutral,neutral,positive,0.3981,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12570.0,2018-01-03,"On a 12-month basis, both overall inflation and inflation for items other than food and energy had declined this year and were running below 2 percent.",26,neutral,neutral,No majority found,negative,-0.954,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12571.0,2018-01-03,"On a 12-month basis, both overall inflation and inflation for items other than food and energy have declined this year and are running below 2 percent.",26,neutral,neutral,No majority found,negative,-0.958,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12572.0,2018-01-03,"Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.",18,neutral,neutral,positive,negative,-0.56,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12573.0,2018-04-11,"Lower oil prices, weaker-than-expected economic data, and uncertainty over U.S. trade policy likely contributed to the weakness in the Canadian dollar.",21,negative,neutral,positive,negative,-0.951,negative,0.2998315777099815,negative,-0.8481,negative,neutral,neutral
12574.0,2018-04-11,Inflation on a 12-month basis is expected to move up in coming months and to stabilize around the Committee's 2 percent objective over the medium term.,26,neutral,neutral,positive,positive,0.9334,neutral,0.5,neutral,0.0,neutral,neutral,positive
12575.0,2018-05-23,"In contrast, starts of multifamily units moved up in March after contracting in February, and they were higher in the first quarter than in the fourth.",26,positive,neutral,neutral,positive,0.9026,neutral,0.5,neutral,0.0,positive,neutral,neutral
12576.0,2018-05-23,"In this context, a few participants emphasized the need to build additional resilience in the financial sector at this point in the economic expansion.",24,neutral,neutral,neutral,positive,0.7957,neutral,0.5,neutral,0.0,neutral,neutral,positive
12577.0,2018-05-23,"Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.",18,neutral,neutral,positive,negative,-0.56,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12578.0,2018-11-29,Real business expenditures for nonresidential structures declined in the third quarter both for the drilling and mining sector and outside that sector.,22,negative,neutral,neutral,negative,-0.94,neutral,0.5,neutral,0.0,negative,neutral,neutral
12579.0,2018-11-29,"Contacts in a couple of Districts indicated that labor shortages, particularly for skilled labor, might be constraining activity in certain industries.",21,negative,negative,neutral,negative,-0.955,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,neutral
12580.0,2019-01-09,"Several participants, however, expressed concern that a slowing of redemptions could be misinterpreted as a signal about the stance of monetary policy.",22,neutral,neutral,neutral,negative,-0.944,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12581.0,2019-01-09,Participants considered it important to present information on the Federal Reserve's balance sheet to the public in ways that communicated these facts.,22,neutral,neutral,neutral,neutral,0.039,positive,0.5504032199355139,positive,0.2023,neutral,neutral,neutral
12582.0,2019-01-09,"In offshore funding markets, the one-month foreign exchange swap basis for most major currencies increased, consistent with typical year-end pressures.",20,neutral,neutral,neutral,positive,0.9087,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,neutral
12583.0,2019-02-20,The Committee continues to view changes in the target range for the federal funds rate as its primary means of adjusting the stance of monetary policy.,26,neutral,neutral,neutral,neutral,0.0524,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12584.0,2019-02-20,"In U.S. risky asset markets, the S&P 500 equity index was down as much as 8 percent at one point during the period but ended the period notably higher.",29,negative,neutral,neutral,negative,-0.953,neutral,0.5443580731214791,positive,0.1779,neutral,neutral,positive
12585.0,2019-02-20,"The credit quality of nonfinancial corporations continued to show signs of deterioration, although actual corporate bond defaults remained low overall.",20,negative,neutral,neutral,negative,-0.907,neutral,0.5319563807976407,positive,0.128,negative,neutral,neutral
12586.0,2019-02-20,"This interpretation was seen as consistent with the behavior of the most recent survey-based measures of expected inflation, which were little changed.",22,neutral,neutral,neutral,neutral,0.0738,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12587.0,2019-05-22,"Overall inflation and inflation for items other than food and energy, both measured on a 12-month basis, had declined and were running below 2 percent.",25,neutral,neutral,negative,negative,-0.958,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12588.0,2019-07-10,"Issuance of agency and non-agency CMBS was solid in May, and CRE lending by banks expanded in April and May at a slower rate than in the first quarter.",29,positive,neutral,neutral,negative,-0.711,positive,0.6083543386109735,positive,0.4404,positive,neutral,neutral
12589.0,2019-08-21,"Equity price increases were broad based across major sectors, with technology, financial, and communication services firms outperforming broad indexes.",19,positive,neutral,neutral,positive,0.9158,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12590.0,2019-08-21,Several participants observed that valuations in equity and corporate bond markets were near all-time highs and that CRE valuations were also elevated.,22,positive,neutral,neutral,positive,0.9142,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12591.0,2019-10-09,"Foreign inflation rose in the second quarter, pushed up by earlier increases in oil prices as well as by rising food prices in some emerging economies.",26,neutral,neutral,negative,positive,0.9067,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12592.0,2019-10-09,A few participants observed that it would be important to be vigilant in monitoring incoming data for any sign of softening in labor market conditions.,25,neutral,negative,neutral,negative,-0.398,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12593.0,2020-01-03,These participants offered various perspectives on the relationship between financial stability and policies that keep interest rates persistently low.,19,neutral,neutral,neutral,neutral,-0.056,positive,0.5563347883095608,positive,0.2263,neutral,neutral,positive
12594.0,2020-02-19,"By unanimous vote, the Committee amended its Program for Security of FOMC Information (Program) with three sets of changes, effective February 1, 2020.",23,neutral,neutral,neutral,neutral,0.0835,positive,0.6616151085253192,positive,0.6705,neutral,neutral,positive
12595.0,2020-04-08,"CRE loan growth at banks remained solid through February and CRE debt outstanding increased modestly through mid-February, according to available data.",21,positive,neutral,neutral,positive,0.9381,positive,0.6879601476961928,positive,0.7906,positive,neutral,neutral
12596.0,2020-04-08,Members indicated that they would continue to closely monitor market conditions and that the Committee was prepared to adjust its plans as appropriate.,23,neutral,neutral,neutral,neutral,0.2924,positive,0.5563347883095608,positive,0.2263,neutral,neutral,neutral
12597.0,2020-05-20,"In corporate credit markets, concerns about potential defaults were rising, and ratings agencies had put on nagativee watch or downgraded many issuers.",22,negative,neutral,neutral,negative,-0.948,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12598.0,2020-05-20,"Inflation compensation fell sharply in the first half of March but subsequently recovered, as overall financial conditions and TIPS liquidity improved.",21,neutral,neutral,positive,negative,-0.522,positive,0.6083543386109735,positive,0.4404,neutral,neutral,positive
12599.0,2020-07-01,"Financial conditions have improved, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.",23,positive,neutral,neutral,positive,0.9416,positive,0.6904021378903575,positive,0.802,positive,neutral,neutral
12600.0,2020-10-07,"In addition, the inflation forecast for the rest of the year was revised up slightly, as some recent consumer goods prices were stronger than expected.",25,neutral,neutral,negative,positive,0.6893,positive,0.6710195619960463,positive,0.7128,neutral,neutral,positive
12601.0,2020-10-07,"Bank contacts reported ample capacity to lend to creditworthy borrowers; however, surveys of credit availability indicated that bank lending was tight.",21,negative,neutral,neutral,negative,-0.841,positive,0.6722545889041723,positive,0.7184,neutral,neutral,neutral
12602.0,2020-11-25,"On net, most foreign equity indexes declined, option-implied volatility in the euro area increased a bit, and most AFE long-term sovereign yields fell.",23,negative,neutral,neutral,negative,-0.956,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12603.0,2021-01-06,"Nominal shipments of nondefense capital goods excluding aircraft rose strongly in October, and new orders for these capital goods continued to advance.",22,positive,neutral,neutral,positive,0.936,positive,0.6722545889041723,positive,0.7184,positive,neutral,neutral
12604.0,2021-02-17,"In contrast, money market funds and open-ended mutual funds were characterized by significant vulnerabilities associated with liquidity transformation.",18,negative,neutral,neutral,negative,-0.634,neutral,0.4935503577576862,neutral,-0.0258,neutral,neutral,neutral
12605.0,2021-04-07,"However, in contrast to recent months, most of the recent increase in longer-term Treasury yields was accounted for by higher TIPS-implied real yields.",23,neutral,neutral,neutral,positive,0.7502,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
12606.0,2021-05-19,"Based on reports from business contacts, some participants noted that the step-up in demand for labor had started to put some upward pressure on wages.",25,neutral,positive,neutral,negative,-0.823,negative,0.4008559301877525,negative,-0.4019,neutral,neutral,positive
12607.0,2021-08-18,The situation was quite different in some emerging market economies (EMEs) whose low vaccination rates left them vulnerable to new waves of infections.,23,negative,neutral,neutral,negative,-0.668,negative,0.3789752586355173,negative,-0.4939,neutral,neutral,neutral
12608.0,2021-08-18,These participants pointed out that there was no evidence of broad-based price pressures or of inappropriately high longer-term inflation expectations.,20,neutral,neutral,neutral,negative,-0.558,negative,0.4265356063867507,negative,-0.296,neutral,neutral,neutral
12609.0,2021-10-13,"Nevertheless, market participants emphasized that, even with these procedures, a delayed payment would create severe and broad-based market disruption.",19,No majority found,neutral,neutral,negative,-0.909,negative,0.3433050934392716,negative,-0.6486,neutral,neutral,neutral
12610.0,2021-10-13,Participants noted that their District contacts generally did not expect these bottlenecks to be fully resolved until sometime next year or even later.,23,negative,neutral,neutral,neutral,-0.296,positive,0.6080445578801935,positive,0.4391,neutral,neutral,neutral
12611.0,2022-04-06,"In their discussion of current economic conditions, participants noted that indicators of economic activity and employment had continued to strengthen.",20,positive,positive,neutral,positive,0.9242,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12612.0,2022-05-25,"In the April SLOOS, large banks reported unchanged standards on C&I loans to small firms, while small banks tightened standards modestly to such firms.",24,negative,neutral,neutral,neutral,-0.146,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12613.0,2022-05-25,Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.,25,neutral,neutral,neutral,neutral,-0.001,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12614.0,2022-07-06,Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.,25,neutral,neutral,neutral,neutral,-0.001,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12615.0,2022-08-17,"Most market participants appeared to view a moderation of inflation and slower, but still positivee, economic growth ahead as the most likely scenario.",23,positive,neutral,positive,negative,-0.311,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12616.0,2022-08-17,"In addition, the staff assessed that business leverage was high, but businesses maintained ample cash on hand and their credit quality remained strong.",23,positive,neutral,neutral,positive,0.9203,positive,0.6993490465266773,positive,0.8442,neutral,neutral,neutral
12617.0,2022-08-17,Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.,25,neutral,neutral,neutral,neutral,-0.001,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12618.0,2022-08-17,Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.,25,neutral,neutral,neutral,neutral,-0.001,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12619.0,2022-10-12,"Outflows from funds dedicated to emerging markets continued at a modest pace, and credit spreads in emerging market economies narrowed somewhat on net.",23,neutral,neutral,neutral,negative,-0.295,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12620.0,2022-10-12,Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.,25,neutral,neutral,neutral,neutral,-0.001,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12621.0,2022-11-23,"A couple of participants noted that drought conditions in the Midwest were making some waterways, notably the Mississippi River System, less navigable.",22,negative,neutral,neutral,negative,-0.953,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12622.0,2022-11-23,Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.,25,neutral,neutral,neutral,neutral,-0.001,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12623.0,2023-01-04,Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.,25,neutral,neutral,neutral,neutral,-0.001,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12624.0,2023-02-22,Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.,25,neutral,neutral,neutral,neutral,-0.001,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12625.0,2006-01-03,The resumption of commercial aircraft production boosted manufacturing output and more than offset a fall in the production of motor vehicles and parts.,23,positive,neutral,neutral,positive,0.9222,positive,0.5991440698122475,positive,0.4019,positive,neutral,neutral
12626.0,2006-01-03,"Real spending on nonresidential construction improved materially in the third quarter, boosted by substantial gains in drilling and mining expenditures.",20,positive,neutral,neutral,positive,0.9383,positive,0.7045167593404835,positive,0.8689,positive,neutral,neutral
12627.0,2006-01-03,"Foreign industrialized economies expanded robustly in the third quarter, and available indicators for the fourth quarter appeared promising, on balance.",20,positive,neutral,neutral,positive,0.8834,positive,0.635850737283906,positive,0.5574,positive,neutral,neutral
12628.0,2006-01-03,"At its November meeting, the Federal Open Market Committee decided to increase the target level of the federal funds rate 25 basis points, to 4 percent.",26,neutral,neutral,neutral,neutral,0.4447,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12629.0,2006-02-21,"Consumer sentiment measured by surveys moved up in December and, judging by the preliminary reading of the Michigan Survey, edged up further in January.",24,positive,neutral,neutral,positive,0.9276,neutral,0.5,neutral,0.0,neutral,neutral,positive
12630.0,2006-02-21,"In some areas, home price appreciation reportedly had slowed noticeably, highlighting the risks to aggregate demand of a pullback in the housing sector.",23,negative,neutral,neutral,negative,-0.94,positive,0.6169683256234894,positive,0.4767,negative,neutral,neutral
12631.0,2006-04-18,Some participants cited stronger growth abroad and robust nonresidential investment spending as potentially contributing more to activity than expected.,19,positive,neutral,neutral,positive,0.905,positive,0.6915551834995617,positive,0.8074,positive,neutral,neutral
12632.0,2006-05-31,"Industrial production in March expanded at about the same strong pace as it did in February, with gains posted across all major components of the index.",26,positive,neutral,neutral,positive,0.9276,positive,0.6985073366421095,positive,0.8402,neutral,neutral,neutral
12633.0,2006-07-20,The Committee also discussed briefly the schedule for FOMC meetings next year and tentatively agreed to increase the number of two-day meetings to four.,24,neutral,neutral,neutral,neutral,0.182,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12634.0,2006-11-15,"The output of motor vehicles and parts fell in September, as automakers continued to trim production of light trucks in response to bloated inventories.",24,negative,neutral,neutral,negative,-0.967,neutral,0.5,neutral,0.0,negative,neutral,neutral
12635.0,2006-11-15,"The U.S. international trade deficit widened to another record in August, reflecting a surge in imports that more than offset a sizable jump in exports.",25,positive,neutral,neutral,positive,0.8327,negative,0.4008559301877525,negative,-0.4019,neutral,neutral,neutral
12636.0,2006-11-15,"Nonetheless, nearly all participants viewed the current rates of core inflation as uncomfortably high and stressed the importance of further moderation.",21,neutral,neutral,negative,negative,-0.879,negative,0.3872705357934704,negative,-0.4588,neutral,neutral,positive
12637.0,2007-10-09,"In the days after the August FOMC meeting, financial market participants appeared to become more concerned about liquidity and counterparty credit risk.",22,negative,neutral,neutral,negative,-0.591,neutral,0.5319563807976407,positive,0.128,neutral,neutral,neutral
12638.0,2007-11-20,"In South America, activity was strong, boosted by high prices for commodities and, in Argentina and Venezuela, by expansionary macroeconomic policies.  ",21,positive,neutral,neutral,positive,0.9382,positive,0.6722545889041723,positive,0.7184,positive,neutral,neutral
12639.0,2008-01-02,"In Canada and the United Kingdom, output growth moderated but remained robust, as vigorous domestic demand was partly offset by rapid growth of imports.",24,positive,neutral,neutral,positive,0.9193,positive,0.697622101578998,positive,0.836,neutral,neutral,neutral
12640.0,2008-04-08,"The recently enacted fiscal stimulus package was expected to boost real GDP in the second half of 2008, but that effect was projected to unwind in 2009.",27,positive,neutral,neutral,positive,0.6186,positive,0.5991440698122475,positive,0.4019,positive,neutral,neutral
12641.0,2008-05-21,"The unemployment rate rose to 5.1 percent in March, significantly above its level a year ago, and the labor force participation rate was little changed.",25,neutral,negative,neutral,positive,0.8865,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12642.0,2008-05-21,"Available data for Canada indicated a continued substantial drag from exports in the first quarter, although domestic demand appeared relatively robust.",21,negative,neutral,neutral,negative,-0.698,positive,0.5504032199355139,positive,0.2023,negative,neutral,neutral
12643.0,2008-05-21,"Against this backdrop, term spreads in interbank funding markets and spreads on commercial paper issued by financial institutions widened significantly.",20,negative,neutral,neutral,positive,0.5129,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12644.0,2008-10-07,"Tight credit conditions, the ongoing housing contraction, and elevated energy prices were likely to weigh on economic growth over the next few quarters.",23,negative,neutral,neutral,negative,-0.896,positive,0.6776515249954356,positive,0.743,negative,neutral,neutral
12645.0,2008-10-07,"With credit conditions generally tight and economic prospects relatively uncertain, investment spending was likely to be on the soft side going forward.",22,negative,neutral,neutral,negative,-0.857,positive,0.594307167585335,positive,0.3818,negative,neutral,neutral
12646.0,2008-11-19,"Industrial production fell in September, although much of the drop was related to effects of recent hurricanes and a strike at an aircraft manufacturer.",24,negative,neutral,neutral,negative,-0.967,negative,0.405692832414665,negative,-0.3818,negative,neutral,neutral
12647.0,2008-11-19,"Subsequently, however, market expectations reversed in response to the heightened financial turmoil and to generally weaker-than-expected economic data.",18,negative,neutral,neutral,negative,-0.898,negative,0.3408070056066714,negative,-0.6597,neutral,neutral,positive
12648.0,2008-11-19,"In the forecast prepared for the meeting, the staff lowered its projection for economic activity in the second half of 2008 as well as in 2009 and 2010.",28,negative,neutral,neutral,negative,-0.944,negative,0.4265356063867507,negative,-0.296,negative,neutral,neutral
12649.0,2009-01-06,"It was likely that, during the period of financial turmoil, the size of the Federal Reserve's balance sheet would need to be maintained at a high level.",27,negative,neutral,neutral,neutral,0.2511,negative,0.4106691108495632,negative,-0.3612,neutral,neutral,neutral
12650.0,2009-02-18,"Yields and spreads on corporate bonds decreased noticeably, particularly for speculative-grade firms, but spreads remained high by historical standards.",19,negative,neutral,neutral,negative,-0.948,neutral,0.5439115793415176,positive,0.1761,neutral,neutral,neutral
12651.0,2009-02-18,Debt of the domestic nonfinancial sectors expanded at a somewhat faster pace in the fourth quarter of 2008 than in the first three quarters of the year.,27,positive,neutral,neutral,positive,0.9324,neutral,0.4871028614901135,negative,-0.0516,neutral,neutral,neutral
12652.0,2009-04-08,"However, other participants anticipated that TALF loans would increase over time as financial market institutions became more familiar with the program.",21,positive,neutral,neutral,positive,0.9254,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12653.0,2009-04-08,Spreads of yields on both BBB-rated and speculative-grade bonds relative to those on comparable-maturity Treasury securities were little changed on net.,21,neutral,neutral,neutral,neutral,-0.05,positive,0.635850737283906,positive,0.5574,neutral,neutral,neutral
12654.0,2009-09-02,"In the household survey, the unemployment rate edged down in July to 9.4 percent, while the labor force participation rate fell back to its March level.",26,neutral,No majority found,neutral,negative,-0.963,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12655.0,2009-09-02,"Industrial production, while remaining well below pre-crisis levels, moved up strongly in Japan and edged up in the euro area and in the United Kingdom.",25,No majority found,neutral,neutral,positive,0.9255,neutral,0.4871028614901135,negative,-0.0516,positive,neutral,neutral
12656.0,2009-11-24,"Although single-family starts were about flat in September, the number of starts was well above the record low reached in the first quarter of the year.",26,positive,neutral,neutral,negative,-0.725,neutral,0.4556419268785208,negative,-0.1779,neutral,neutral,positive
12657.0,2009-11-24,Spreads on A2/P2-rated commercial paper (CP) and AA-rated asset-backed CP remained at the lower ends of their respective ranges over the past two years.,24,positive,neutral,neutral,negative,-0.883,positive,0.6210247413644827,positive,0.4939,neutral,neutral,positive
12658.0,2010-02-17,"Commercial construction continued to trend down, primarily reflecting weak fundamentals, though financing constraints probably were also playing a role.",19,negative,neutral,neutral,negative,-0.963,neutral,0.4680436192023592,negative,-0.128,negative,neutral,neutral
12659.0,2010-05-19,The staff discussed the potential portfolio paths and macroeconomic consequences of a number of different strategies for accomplishing these objectives.,20,neutral,neutral,neutral,neutral,0.0831,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
12660.0,2010-07-14,The Manager noted that a coupon swap is a common transaction in the market for MBS in which the two counterparties exchange securities at market prices.,26,neutral,neutral,neutral,neutral,0.0162,positive,0.5841905229354074,positive,0.34,neutral,neutral,positive
12661.0,2010-07-14,"Even so, spreads of high-grade unsecured financial commercial paper to nonfinancial commercial paper widened only modestly over the intermeeting period.",20,neutral,neutral,neutral,positive,0.8725,negative,0.405692832414665,negative,-0.3818,neutral,neutral,neutral
12662.0,2010-07-14,"In addition, they saw inflation as likely to stabilize near recent low readings in coming quarters and then gradually rise toward more desirable levels.",24,neutral,neutral,positive,positive,0.7369,neutral,0.5128971385098865,positive,0.0516,neutral,neutral,positive
12663.0,2010-08-31,"Real business spending on equipment and software rose strongly again in the second quarter, with increases widespread across the categories of spending.",22,positive,neutral,neutral,positive,0.9382,positive,0.6287131110409269,positive,0.5267,positive,neutral,neutral
12664.0,2010-08-31,"Standards for commercial real estate loans and residential mortgages remained very tight, and banks did not appear to be easing standards on such loans.",24,negative,neutral,neutral,negative,-0.748,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12665.0,2010-10-12,"Participants agreed that factors like these were pushing the unemployment rate up, but they differed in their assessments of the extent of such effects.",24,neutral,negative,neutral,negative,-0.602,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12666.0,2011-04-05,"In February, nominal retail sales, excluding purchases of motor vehicles and parts, rose moderately; sales of light motor vehicles posted a robust gain.",23,positive,neutral,neutral,positive,0.9355,positive,0.6455190236879995,positive,0.5994,neutral,neutral,positive
12667.0,2011-05-18,"Activity in the housing market remained very weak, as the large overhang of foreclosed and distressed properties continued to restrain new construction.",22,negative,neutral,neutral,negative,-0.963,negative,0.3338551329000604,negative,-0.6908,negative,neutral,neutral
12668.0,2011-05-18,This outlook was based partly on a projected leveling-off of commodity prices and the belief that longer-run inflation expectations would remain stable.,22,neutral,neutral,positive,neutral,0.2833,positive,0.5734643936132494,positive,0.296,neutral,neutral,positive
12669.0,2011-07-12,"Real nonfarm inventory investment rose moderately in the first quarter, but data for April suggested that the pace of inventory accumulation had slowed.",23,neutral,neutral,neutral,negative,-0.614,neutral,0.5,neutral,0.0,positive,neutral,neutral
12670.0,2011-08-30,"By unanimous vote, the Committee ratified the transactions by the Open Market Desk of the Federal Reserve Bank of New York over the intermeeting period.",25,neutral,neutral,neutral,neutral,0.1416,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12671.0,2011-08-30,Some policymakers noted that their outlooks for economic activity were shaped in part by an expectation of fiscal restraint at all levels of government.,24,neutral,neutral,neutral,negative,-0.554,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12672.0,2011-11-22,"Although starts and permits for new single-family homes edged up in September, they stayed near the depressed levels seen since the middle of last year.",25,negative,neutral,neutral,negative,-0.604,negative,0.375052882061361,negative,-0.5106,neutral,neutral,neutral
12673.0,2011-11-22,"However, participants indicated that many details of the new plan had not yet been worked out and that a number of important issues remained unresolved.",25,neutral,neutral,neutral,neutral,-0.159,positive,0.5678783310011088,positive,0.2732,neutral,neutral,neutral
12674.0,2012-02-15,Starts and permits for new single-family homes rose in November and December but remained only a little above the depressed levels seen earlier in 2011.,25,negative,neutral,neutral,positive,0.7388,negative,0.3869621013491831,negative,-0.4601,neutral,neutral,neutral
12675.0,2012-02-15,Data on credit card solicitations and from responses to the January SLOOS suggested that lending standards on consumer loans continued to ease modestly.,23,positive,neutral,neutral,positive,0.8839,positive,0.6513321551518594,positive,0.6249,neutral,neutral,neutral
12676.0,2012-02-15,Participants noted that the ECB's three-year refinancing operation had apparently contributed to improved conditions in European sovereign debt markets.,19,positive,neutral,neutral,positive,0.937,neutral,0.5256524569705925,positive,0.1027,positive,neutral,neutral
12677.0,2012-04-03,"Inventories in most industries looked to be reasonably well aligned with sales in recent months, although stocks of motor vehicles continued to be lean.",24,neutral,neutral,neutral,positive,0.5981,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12678.0,2012-04-03,"Dollar funding pressures continued to diminish, and the implied cost of dollar funding through the foreign exchange swap market fell moderately further.",22,neutral,neutral,neutral,negative,-0.217,negative,0.4265356063867507,negative,-0.296,neutral,neutral,neutral
12679.0,2012-05-16,"Contacts in some parts of the country said that highly qualified workers were in short supply; overall, however, wage pressures had been limited so far.",25,neutral,positive,neutral,negative,-0.923,negative,0.4265356063867507,negative,-0.296,neutral,neutral,neutral
12680.0,2012-07-11,"Yields on most euro-area peripheral countries' sovereign debt rose, particularly after the May 6 elections in Greece failed to produce a new government.",23,negative,neutral,neutral,positive,0.1211,negative,0.3277454110958277,negative,-0.7184,neutral,neutral,positive
12681.0,2013-01-03,"Reserves increased over the intermeeting period, in part because of the settlement of the ongoing MBS purchases announced at the September FOMC meeting.",23,neutral,neutral,neutral,positive,0.9326,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12682.0,2013-01-03,"Most participants saw the risks to the inflation outlook as broadly balanced, and many noted that longer-term inflation expectations were well anchored.",22,neutral,neutral,positive,positive,0.851,negative,0.4169516130926348,negative,-0.3353,neutral,neutral,positive
12683.0,2013-01-03,"Household spending had continued to advance and the housing sector had shown further signs of improvement, but growth in the business sector had slowed.",24,positive,neutral,neutral,negative,-0.833,positive,0.6639172257204139,positive,0.6808,positive,neutral,neutral
12684.0,2013-04-10,Such a dynamic was seen as potentially leading to a virtuous cycle that could help support household spending and financial market conditions over time.,24,positive,neutral,neutral,positive,0.8792,positive,0.708064023786986,positive,0.886,positive,neutral,neutral
12685.0,2013-05-22,"Yields on corporate bonds fell roughly in line with those on Treasury securities of comparable maturity, generally leaving their spreads little changed.",22,neutral,neutral,neutral,negative,-0.963,positive,0.6127294642065295,positive,0.4588,neutral,neutral,positive
12686.0,2013-10-09,"Total consumer price inflation picked up in recent months but continued to be modest, and measures of longer-run inflation expectations remained stable.",22,neutral,neutral,positive,positive,0.8627,positive,0.5734643936132494,positive,0.296,neutral,neutral,positive
12687.0,2013-11-20,"Furthermore, a secular decline in labor market dynamism, or turnover, might have contributed to a reduction in the size of normal monthly payroll gains.",24,neutral,negative,neutral,negative,-0.829,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12688.0,2013-11-20,"Nevertheless, a number of participants noted that such operations were worthy of further study or saw them as potentially helpful in some circumstances.",23,neutral,neutral,neutral,positive,0.8634,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12689.0,2013-11-20,"Members generally continued to see the downside risks to the outlook for the economy and the labor market as having diminished, on net, since last fall.",26,positive,neutral,neutral,negative,-0.844,negative,0.3830316743765106,negative,-0.4767,neutral,neutral,neutral
12690.0,2014-01-08,"The pace of activity in the housing sector appeared to continue to slow somewhat, likely reflecting the higher level of mortgage rates since the spring.",25,negative,neutral,neutral,negative,-0.945,neutral,0.5,neutral,0.0,negative,neutral,neutral
12691.0,2014-01-08,"The staff did not see the uncertainty around its outlook for inflation as unusually high, and the risks to that outlook were viewed as broadly balanced.",26,neutral,neutral,neutral,positive,0.5703,negative,0.3582655770442111,negative,-0.5829,neutral,neutral,neutral
12692.0,2014-02-19,"These documents were modified to incorporate the dollar and foreign currency liquidity swap arrangements authorized by a resolution on October 29, 2013.",22,neutral,neutral,neutral,neutral,-0.014,neutral,0.5,neutral,0.0,neutral,neutral,positive
12693.0,2014-02-19,"Total payroll employment increased in December, but at a slower pace than in previous months, and the unemployment rate declined but was still elevated.",24,neutral,negative,neutral,positive,0.012,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,neutral
12694.0,2014-04-09,"Consumer price inflation continued to run below the Committee's longer-run objective, but measures of longer-run inflation expectations remained stable.",19,neutral,neutral,positive,negative,-0.767,positive,0.5734643936132494,positive,0.296,neutral,neutral,positive
12695.0,2014-05-21,"Consumer price inflation continued to run below the Committee's longer-run objective, but measures of longer-run inflation expectations remained stable.",19,neutral,neutral,positive,negative,-0.767,positive,0.5734643936132494,positive,0.296,neutral,neutral,neutral
12696.0,2014-08-20,Participants requested additional analysis from the staff on issues related to normalization as background for further discussion at their next meeting.,21,neutral,neutral,neutral,neutral,0.0817,neutral,0.5,neutral,0.0,neutral,neutral,positive
12697.0,2014-08-20,"Intermeeting data releases on euro-area industrial production came in below market expectations, also weighing on headline equity markets in the region.",21,negative,neutral,neutral,negative,-0.96,neutral,0.5,neutral,0.0,negative,neutral,neutral
12698.0,2014-10-08,Both the share of workers employed part time for economic reasons and the rate of long-duration unemployment declined a little over the past two months.,25,neutral,positive,neutral,negative,-0.743,neutral,0.4556419268785208,negative,-0.1779,neutral,neutral,positive
12699.0,2015-02-18,"The decrease in the value of imports stemmed in large part from a reduction in the value of petroleum imports, reflecting both lower prices and volumes.",26,negative,neutral,positive,negative,-0.714,positive,0.5991440698122475,positive,0.4019,neutral,neutral,positive
12700.0,2015-08-19,Participants discussed how recent developments influenced their expectations for reaching the FOMC's 2 percent inflation objective over the medium term.,20,neutral,neutral,neutral,neutral,0.2321,neutral,0.5064496422423137,neutral,0.0258,neutral,neutral,positive
12701.0,2015-10-08,"Delinquency rates on credit card loans and auto loans stayed low through the second quarter, while delinquency rates on student loans remained elevated.",23,neutral,neutral,neutral,negative,-0.691,neutral,0.5319563807976407,positive,0.128,neutral,neutral,neutral
12702.0,2015-11-18,"Several participants, however, cited downside risks to inflation, pointing, for example, to declines in market-based measures of inflation compensation.",19,neutral,neutral,negative,negative,-0.905,negative,0.3830316743765106,negative,-0.4767,neutral,neutral,positive
12703.0,2015-11-18,They indicated that they would be assessing a range of labor market indicators over the period ahead to confirm further improvement in the labor market.,25,neutral,positive,neutral,positive,0.8726,positive,0.6127294642065295,positive,0.4588,neutral,neutral,positive
12704.0,2016-01-06,The deputy manager also discussed plans to publish additional information on details of the Committee's current Treasury securities reinvestment policy.,20,neutral,neutral,neutral,neutral,0.0103,positive,0.6210247413644827,positive,0.4939,neutral,neutral,positive
12705.0,2016-01-06,"The share of workers employed part time for economic reasons was flat, on balance, in recent months after declining considerably over the previous year.",24,neutral,neutral,neutral,negative,-0.953,positive,0.5734643936132494,positive,0.296,neutral,neutral,neutral
12706.0,2016-01-06,"The October FOMC statement and the stronger-than-expected October employment report, in particular, boosted expectations of FOMC action at this meeting.",20,neutral,positive,neutral,positive,0.9133,positive,0.6722545889041723,positive,0.7184,positive,neutral,neutral
12707.0,2016-04-06,"Early in the intermeeting period, concerns among investors about the global economic outlook appeared to trigger a sharp reduction in their risk-taking.",22,negative,neutral,neutral,negative,-0.385,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12708.0,2016-04-06,This accommodative stance of monetary policy was expected to support further improvement in labor market conditions and a return to 2 percent inflation.,23,neutral,positive,positive,positive,0.9308,positive,0.6661448670999395,positive,0.6908,neutral,neutral,positive
12709.0,2016-07-06,Participants generally agreed that the Committee should continue to closely monitor inflation indicators and global economic and financial developments.,19,neutral,neutral,neutral,neutral,0.3484,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12710.0,2016-07-06,"However, some areas that were affected by the slowdown in the energy sector experienced house price declines or increases in mortgage delinquency rates.",23,negative,neutral,neutral,negative,-0.844,positive,0.6287131110409269,positive,0.5267,neutral,neutral,neutral
12711.0,2016-08-17,Participants generally agreed that the Committee should continue to closely monitor inflation indicators and global economic and financial developments.,19,neutral,neutral,neutral,neutral,0.3484,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12712.0,2016-10-12,"The Subcommittee, in consultation with the Committee, may provide additional instructions to the Selected Bank regarding holdings of foreign currencies.",20,neutral,neutral,neutral,neutral,0.0109,neutral,0.5,neutral,0.0,neutral,neutral,positive
12713.0,2017-01-04,"Inflation in the EMEs also moved up, driven largely by a rebound in Chinese food prices and, in some countries, by the effects of currency depreciation.",26,neutral,neutral,negative,positive,0.9088,neutral,0.5,neutral,0.0,neutral,neutral,positive
12714.0,2017-02-22,"The Subcommittee, in consultation with the Committee, may provide additional instructions to the Selected Bank regarding holdings of foreign currencies.",20,neutral,neutral,neutral,neutral,0.0109,neutral,0.5,neutral,0.0,neutral,neutral,positive
12715.0,2017-02-22,Participants generally agreed that the Committee should continue to closely monitor inflation indicators and global economic and financial developments.,19,neutral,neutral,neutral,neutral,0.3484,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12716.0,2017-07-05,The rise in CMBS delinquency rates was mostly confined to loans that were originated during the period of weak underwriting before the financial crisis.,24,negative,neutral,neutral,negative,-0.561,negative,0.3120398523038071,negative,-0.7906,neutral,neutral,neutral
12717.0,2017-07-05,"Inflation was still expected to be somewhat higher this year than last year, largely reflecting an upturn in the prices for food and non-energy imports.",25,neutral,neutral,negative,positive,0.4599,positive,0.5678783310011088,positive,0.2732,neutral,neutral,positive
12718.0,2017-07-05,Market-based measures of inflation compensation remained low; survey-based measures of longer-term inflation expectations had changed little on balance.,18,neutral,neutral,positive,negative,-0.749,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12719.0,2017-08-16,The median of inflation expectations over the next 5 to 10 years from the Michigan survey edged up both in June and in the preliminary reading for July.,28,neutral,neutral,neutral,positive,0.9146,neutral,0.5,neutral,0.0,neutral,neutral,positive
12720.0,2017-10-11,"However, payrolls for state and local governments declined in July and August, and nominal construction spending by these governments decreased in July.",22,negative,negative,neutral,negative,-0.957,neutral,0.5,neutral,0.0,neutral,neutral,positive
12721.0,2017-10-11,The Canadian dollar appreciated following a rate hike by the Bank of Canada at its September meeting that came sooner than market participants expected.,24,neutral,neutral,neutral,positive,0.9139,positive,0.5991440698122475,positive,0.4019,neutral,neutral,positive
12722.0,2017-10-11,It was also noted that the persistence of low inflation might result in the federal funds rate staying uncomfortably close to its effective lower bound.,25,neutral,neutral,negative,negative,-0.928,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12723.0,2017-10-11,"On balance, participants continued to forecast that PCE price inflation would stabilize around the Committee's 2 percent objective over the medium term.",22,neutral,neutral,positive,positive,0.8766,neutral,0.5,neutral,0.0,neutral,neutral,positive
12724.0,2017-11-22,"Total PCE price inflation was projected to pick up in 2018, as most of the softness in core PCE price inflation this year was expected to be transitory.",28,neutral,neutral,neutral,positive,0.9081,neutral,0.5,neutral,0.0,neutral,neutral,positive
12725.0,2018-01-03,Many indicated that they expected cyclical pressures associated with a tightening labor market to show through to higher inflation over the medium term.,23,neutral,positive,negative,positive,0.7394,negative,0.4265356063867507,negative,-0.296,neutral,neutral,positive
12726.0,2018-02-21,"The Subcommittee, in consultation with the Committee, may provide additional instructions to the Selected Bank regarding holdings of foreign currencies.",20,neutral,neutral,neutral,neutral,0.0109,neutral,0.5,neutral,0.0,neutral,neutral,positive
12727.0,2018-08-22,Business contacts in a few Districts reported that uncertainty regarding trade policy had led to some reductions or delays in their investment spending.,23,negative,neutral,neutral,negative,-0.962,negative,0.36079852545634,negative,-0.5719,neutral,neutral,neutral
12728.0,2018-11-29,"Some also expressed interest in studying, over the longer term, approaches in which the Committee would target a mixture of secured and unsecured rates.",24,neutral,neutral,neutral,neutral,0.1755,positive,0.6169683256234894,positive,0.4767,neutral,neutral,positive
12729.0,2018-11-29,"Option-implied volatility on the S&P 500 index at the one-month horizon--the VIX--increased, though it remained below the levels seen in early February.",22,neutral,neutral,neutral,positive,0.2193,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12730.0,2019-01-09,Conditions in the consumer asset-backed securities market remained stable over the intermeeting period with slightly higher spreads and robust issuance.,20,positive,neutral,neutral,positive,0.9391,positive,0.690829469070147,positive,0.804,neutral,neutral,neutral
12731.0,2019-01-09,"A few participants expressed concern that longer-run inflation expectations would remain low, particularly if economic growth slowed more than expected.",20,neutral,neutral,negative,negative,-0.934,neutral,0.5490913371221596,positive,0.197,negative,neutral,neutral
12732.0,2019-01-09,"In general, participants agreed that risks to the outlook appeared roughly balanced, although some noted that downside risks may have increased of late.",23,negative,neutral,neutral,positive,0.7289,neutral,0.4743475430294075,negative,-0.1027,neutral,neutral,neutral
12733.0,2019-02-20,"The Subcommittee, in consultation with the Committee, may provide additional instructions to the Selected Bank regarding holdings of foreign currencies.",20,neutral,neutral,neutral,neutral,0.0109,neutral,0.5,neutral,0.0,neutral,neutral,positive
12734.0,2019-02-20,Such an announcement would provide more certainty about the process for completing the normalization of the size of the Federal Reserve's balance sheet.,23,neutral,neutral,neutral,neutral,0.2609,positive,0.5621765008857981,positive,0.25,neutral,neutral,positive
12735.0,2019-07-10,Market participants reported seeing slightly more pass-through from repo rates to the federal funds rate on days with heightened firmness in repo rates.,23,neutral,neutral,neutral,positive,0.7113,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12736.0,2019-08-21,"Manufacturing production had declined so far this year, dragged down in part by weak real exports, the ongoing global slowdown, and trade uncertainties.",23,negative,neutral,neutral,negative,-0.968,negative,0.3240765667941439,negative,-0.7351,negative,neutral,neutral
12737.0,2020-01-03,"All told, the data on construction and sales continued to suggest that the decline in mortgage rates since late 2018 has been boosting housing activity.",25,positive,neutral,neutral,positive,0.8232,positive,0.5991440698122475,positive,0.4019,positive,neutral,neutral
12738.0,2020-01-03,"Imports fell much more, and the declines were broad based, with the largest contributions coming from imports of consumer goods and automotive products.",23,negative,neutral,neutral,negative,-0.906,positive,0.6083543386109735,positive,0.4404,neutral,neutral,positive
12739.0,2020-01-03,"Various participants remarked on issues related to the implementation of monetary policy, highlighting topics for further discussion at future meetings.",20,neutral,neutral,neutral,neutral,0.0788,positive,0.5841905229354074,positive,0.34,neutral,neutral,neutral
12740.0,2020-02-19,"The Subcommittee, in consultation with the Committee, may provide additional instructions to the Selected Bank regarding holdings of foreign currencies.",20,neutral,neutral,neutral,neutral,0.0109,neutral,0.5,neutral,0.0,neutral,neutral,positive
12741.0,2020-02-19,Issuance of speculative-grade bonds over the intermeeting period remained about in line with the average pace over December and January in recent years.,23,neutral,neutral,neutral,positive,0.3752,neutral,0.5256524569705925,positive,0.1027,neutral,neutral,neutral
12742.0,2020-04-08,"The U.S. dollar appreciated notably against most currencies, with the exception of other safe-haven currencies, and crude oil prices dropped 40 percent.",22,neutral,neutral,positive,negative,-0.852,neutral,0.4871028614901135,negative,-0.0516,neutral,neutral,positive
12743.0,2020-04-08,"Total nonfarm payroll employment expanded strongly in January and February, and the unemployment rate was at its 50-year low of 3.5 percent in February.",24,neutral,positive,neutral,negative,-0.85,neutral,0.4617995877634644,negative,-0.1531,positive,neutral,neutral
12744.0,2020-04-08,"Participants expressed their deep concern for those whose health had been harmed and observed that the matter was, above all, a public health emergency.",24,neutral,neutral,neutral,neutral,-0.365,negative,0.3277454110958277,negative,-0.7184,neutral,neutral,neutral
12745.0,2020-05-20,"Broad stock price index increases over the intermeeting period were led by the energy, consumer discretionary, basic materials, and health-care sectors.",21,positive,neutral,neutral,positive,0.8874,positive,0.6824383021930648,positive,0.765,positive,neutral,neutral
12746.0,2020-07-01,"Labor market conditions improved in May, but these improvements were modest relative to the substantial deterioration seen over the previous two months.",22,neutral,negative,neutral,positive,0.8147,positive,0.6838885230913988,positive,0.7717,neutral,neutral,positive
12747.0,2020-10-07,"The consumer price index (CPI) increased 1.3 percent over the 12 months ending in August, while core CPI inflation was 1.7 percent over the same period.",26,neutral,neutral,positive,positive,0.9303,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12748.0,2020-10-07,"State and local government payrolls expanded in July and August, although nominal state and local construction expenditures decreased in June and July.",22,negative,positive,neutral,negative,-0.432,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12749.0,2020-10-07,Some contacts reported difficulties in managing disruptions in supply chains as well as elevated levels of employee absenteeism because of the pandemic.,22,negative,negative,neutral,negative,-0.961,negative,0.3544809763120005,negative,-0.5994,neutral,neutral,neutral
12750.0,2020-10-07,"Nevertheless, inflation remained subdued, and participants still generally judged that the overall effect of the pandemic on prices was disinflationary.",20,neutral,neutral,positive,negative,-0.395,neutral,0.5,neutral,0.0,neutral,neutral,positive
12751.0,2020-11-25,Spreads on commercial paper (CP) and negotiable certificates of deposit across different tenors were little changed and remained at pre-pandemic levels.,21,neutral,neutral,neutral,positive,0.2659,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12752.0,2021-02-17,"The Subcommittee, in consultation with the Committee, may provide additional instructions to the Selected Bank regarding holdings of foreign currencies.",20,neutral,neutral,neutral,neutral,0.0109,neutral,0.5,neutral,0.0,neutral,neutral,positive
12753.0,2021-02-17,They saw progress on vaccinations as essential for supporting further gains in aggregate consumer spending and for the economic recovery more generally.,22,neutral,neutral,neutral,positive,0.9306,positive,0.697622101578998,positive,0.836,positive,neutral,neutral
12754.0,2021-02-17,Conduct repurchase agreement operations to support effective policy implementation and the smooth functioning of short-term U.S. dollar funding markets.,19,neutral,neutral,neutral,neutral,0.2033,positive,0.6985073366421095,positive,0.8402,neutral,neutral,positive
12755.0,2021-04-07,"These measures are likely to have been less affected by changes in workforce composition, and they were rising more slowly than their pre-pandemic pace.",24,neutral,neutral,neutral,positive,0.4542,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12756.0,2021-04-07,Staff Economic OutlookThe U.S. economic projection prepared by the staff for the March FOMC meeting was considerably stronger than the January forecast.,22,positive,neutral,neutral,positive,0.8635,positive,0.635596000207853,positive,0.5563,positive,neutral,neutral
12757.0,2021-04-07,"In addition, inflation was forecast to be temporarily boosted this year by the expected emergence of some production bottlenecks and supply constraints.",22,neutral,neutral,negative,positive,0.9182,positive,0.5991440698122475,positive,0.4019,neutral,neutral,positive
12758.0,2021-04-07,Conduct repurchase agreement operations to support effective policy implementation and the smooth functioning of short-term U.S. dollar funding markets.,19,No majority found,neutral,neutral,neutral,0.2033,positive,0.6985073366421095,positive,0.8402,neutral,neutral,positive
12759.0,2021-05-19,"The labor force participation rate and employment-to-population ratio increased in March, though both measures remained below their pre-pandemic levels.",19,neutral,No majority found,neutral,positive,0.7318,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12760.0,2021-05-19,Conduct repurchase agreement operations to support effective policy implementation and the smooth functioning of short-term U.S. dollar funding markets.,19,No majority found,neutral,neutral,neutral,0.2033,positive,0.6985073366421095,positive,0.8402,neutral,neutral,positive
12761.0,2021-07-07,"The staff's near-term outlook for inflation was revised up markedly, but the staff continued to expect the rise in inflation this year to be transitory.",25,neutral,neutral,negative,positive,0.7595,neutral,0.5,neutral,0.0,neutral,neutral,positive
12762.0,2021-07-07,Conduct repurchase agreement operations to support effective policy implementation and the smooth functioning of short-term U.S. dollar funding markets.,19,No majority found,neutral,neutral,neutral,0.2033,positive,0.6985073366421095,positive,0.8402,neutral,neutral,positive
12763.0,2021-08-18,"The monthly pace of job gains had picked up, with employment expanding 850,000 in June and with notable increases in the leisure and hospitality sector.",25,neutral,positive,neutral,positive,0.925,positive,0.6879601476961928,positive,0.7906,positive,neutral,neutral
12764.0,2021-10-13,"Although real PCE declined in July, the components of retail sales used to estimate PCE rose strongly in August, returning to levels seen in the spring.",26,positive,neutral,neutral,positive,0.8886,positive,0.5678783310011088,positive,0.2732,positive,neutral,neutral
12765.0,2021-10-13,"On balance, major foreign equity indexes were mixed, the broad dollar appreciated a touch, and sovereign yields in most major AFEs increased moderately.",23,neutral,neutral,neutral,positive,0.8482,positive,0.6484880799484042,positive,0.6124,neutral,neutral,positive
12766.0,2021-10-13,"As a result, the 12-month change in PCE prices was projected to hold roughly steady over the remainder of 2021 and to end the year well above 2 percent.",29,neutral,neutral,negative,positive,0.7862,neutral,0.5,neutral,0.0,neutral,neutral,positive
12767.0,2021-10-13,Various participants stressed that economic conditions were likely to justify keeping the rate at or near its lower bound over the next couple of years.,25,neutral,neutral,positive,negative,-0.335,negative,0.3544809763120005,negative,-0.5994,neutral,neutral,neutral
12768.0,2021-11-24,"Issuance of commercial mortgage-backed securities (CMBS) remained robust, supported by spreads of agency CMBS generally at or below pre-pandemic levels.",20,positive,neutral,neutral,positive,0.9226,positive,0.6808976275230328,positive,0.7579,positive,neutral,neutral
12769.0,2022-01-05,Many participants judged that the appropriate pace of balance sheet runoff would likely be faster than it was during the previous normalization episode.,23,neutral,neutral,neutral,negative,-0.286,neutral,0.5,neutral,0.0,positive,neutral,neutral
12770.0,2022-02-16,"The Subcommittee, in consultation with the Committee, may provide additional instructions to the Selected Bank regarding holdings of foreign currencies.",20,neutral,neutral,neutral,neutral,0.0109,neutral,0.5,neutral,0.0,neutral,neutral,positive
12771.0,2022-05-25,They further anticipated that ongoing increases in the target range for the federal funds rate would be warranted to achieve the Committee's objectives.,23,neutral,neutral,neutral,positive,0.8799,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12772.0,2022-05-25,They also noted that a restrictive stance of policy may well become appropriate depending on the evolving economic outlook and the risks to the outlook.,25,neutral,neutral,neutral,neutral,0.0487,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12773.0,2022-05-25,Members agreed that the invasion and related events were creating additional upward pressure on inflation and were likely to weigh on economic activity.,23,negative,neutral,negative,negative,-0.904,positive,0.5841905229354074,positive,0.34,neutral,neutral,positive
12774.0,2022-07-06,Participants noted that the imbalance between supply and demand across a wide range of product markets was contributing to upward pressure on inflation.,23,neutral,neutral,negative,negative,-0.914,negative,0.4008559301877525,negative,-0.4019,neutral,neutral,positive
12775.0,2022-07-06,Members agreed that the invasion and related events were creating additional upward pressure on inflation and were weighing on global economic activity.,22,negative,neutral,negative,negative,-0.916,positive,0.5841905229354074,positive,0.34,neutral,neutral,positive
12776.0,2022-08-17,Participants judged that the war and related events were creating additional upward pressure on inflation and were weighing on global economic activity.,22,negative,neutral,negative,negative,-0.912,negative,0.3515119200515958,negative,-0.6124,neutral,neutral,positive
12777.0,2022-08-17,"In addition, although nominal wage growth remained strong according to a wide range of measures, there were some signs of a leveling off or edging down.",26,neutral,No majority found,neutral,negative,-0.941,positive,0.6703127684073539,positive,0.7096,neutral,neutral,positive
12778.0,2022-08-17,"Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.",21,neutral,neutral,negative,negative,-0.787,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12779.0,2022-10-12,Participants judged that the war and related events were creating additional upward pressure on inflation and were weighing on global economic activity.,22,negative,neutral,negative,negative,-0.912,negative,0.3515119200515958,negative,-0.6124,neutral,neutral,positive
12780.0,2022-10-12,"Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.",21,neutral,neutral,negative,negative,-0.787,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12781.0,2022-11-23,"Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.",21,neutral,neutral,negative,negative,-0.787,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12782.0,2023-01-04,They would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals.,25,neutral,neutral,neutral,neutral,-0.174,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12783.0,2023-01-04,"Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.",21,negative,neutral,negative,negative,-0.787,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12784.0,2023-02-22,"Delinquencies for Federal Housing Administration mortgages increased slightly, but overall mortgage delinquency rates were still near pre-pandemic lows.",18,No majority found,neutral,neutral,positive,0.7845,neutral,0.5128971385098865,positive,0.0516,neutral,neutral,neutral
12785.0,2023-02-22,"While real GDP growth had rebounded in the second half of 2022, several participants noted that growth in PDFP had nearly stalled in the fourth quarter.",26,neutral,neutral,neutral,negative,-0.93,positive,0.6287131110409269,positive,0.5267,positive,neutral,neutral
12786.0,2023-02-22,They would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals.,25,neutral,neutral,neutral,neutral,-0.174,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12787.0,2006-02-21,"Business investment in real nonfarm inventories increased moderately in the fourth quarter, boosted by a rapid accumulation of motor vehicle inventories.",21,positive,neutral,neutral,positive,0.9369,positive,0.6484880799484042,positive,0.6124,positive,neutral,neutral
12788.0,2006-02-21,"At its December meeting, the Federal Open Market Committee decided to increase the target level of the federal funds rate 25 basis points, to 4 percent.",26,neutral,neutral,neutral,positive,0.5506,positive,0.5788855158293956,positive,0.3182,neutral,neutral,positive
12789.0,2006-04-18,"However, members also recognized that in current circumstances, checking upside risks to inflation was important to sustaining good economic performance.",20,neutral,neutral,negative,positive,0.5609,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12790.0,2006-05-31,"Also by unanimous vote, the Committee established a FOIA Requester Service Center and designated Carol R. Low to fulfill the associated responsibilities.",22,neutral,neutral,neutral,neutral,0.1493,positive,0.5504032199355139,positive,0.2023,neutral,neutral,positive
12791.0,2006-05-31,"Sales of new homes also moved up in March, but their average in the first quarter was down substantially from the peak in the third quarter of last year.",29,positive,neutral,neutral,negative,-0.962,neutral,0.5,neutral,0.0,negative,neutral,neutral
12792.0,2006-10-11,"Also, the considerably lower level of energy prices of recent weeks, if sustained, would help reduce overall inflation and damp increases in core prices.",24,neutral,neutral,positive,positive,0.4178,positive,0.6476213770477176,positive,0.6086,neutral,neutral,positive
12793.0,2006-11-15,Participants continued to expect the economy to expand at a rate close to or a little below the economy's long-run sustainable pace over coming quarters.,25,positive,neutral,neutral,positive,0.9108,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12794.0,2007-10-09,"The access of investment-grade corporate borrowers to credit so far remained unimpeded, and rates on investment-grade bonds had declined in recent weeks.",22,positive,neutral,neutral,negative,-0.954,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12795.0,2007-11-20,"Two-year Treasury yields declined roughly in line with the lower expected policy path, while yields on ten-year Treasuries were little changed, on net.  ",23,neutral,neutral,neutral,negative,-0.962,neutral,0.5319563807976407,positive,0.128,neutral,neutral,positive
12796.0,2008-02-20,"New home sales dropped in November and December after having held relatively steady since August, keeping inventories of unsold homes at elevated levels.",23,negative,neutral,neutral,negative,-0.967,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12797.0,2008-02-20,"On balance, expectations seemed to remain fairly well anchored, but participants agreed that continued stability of inflation expectations was essential.",20,neutral,neutral,neutral,positive,0.8499,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12798.0,2008-04-08,"Although employment by firms in the nonbusiness services sector and in state and local governments continued to rise, declines elsewhere were widespread.",22,neutral,neutral,neutral,negative,-0.93,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12799.0,2008-05-21,"Recent readings on core inflation had improved somewhat, although participants noted that some of that improvement probably reflected transitory factors.",20,neutral,neutral,positive,positive,0.5893,positive,0.6647423096004416,positive,0.6845,neutral,neutral,positive
12800.0,2008-07-16,"Real spending on nonresidential construction continued to rise in the first quarter, but at a substantially slower rate than over the previous two years.",24,neutral,neutral,neutral,positive,0.6576,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12801.0,2008-08-26,"Core consumer price inflation remained relatively stable, while headline inflation was elevated as a result of large increases in food and energy prices.",23,neutral,neutral,negative,positive,0.851,positive,0.6639172257204139,positive,0.6808,neutral,neutral,positive
12802.0,2008-10-07,"The U.S. international trade deficit widened in July, as a surge in the value of imports of goods and services more than offset strong growth in exports.",27,positive,neutral,neutral,positive,0.8964,positive,0.693726649365532,positive,0.8176,neutral,neutral,positive
12803.0,2008-11-19,The payment of interest on excess reserve balances was intended to assist in maintaining the federal funds rate close to the target set by the Committee.,26,neutral,neutral,neutral,neutral,0.1191,positive,0.6127294642065295,positive,0.4588,neutral,neutral,neutral
12804.0,2009-01-06,"In the euro area and the United Kingdom, purchasing managers indexes fell in November to levels associated with severe contractions in economic activity.",23,negative,neutral,neutral,negative,-0.969,neutral,0.5128971385098865,positive,0.0516,negative,neutral,neutral
12805.0,2009-02-18,"Industrial production, trade, and measures of consumer sentiment registered declines across many other countries in both emerging Asia and Latin America.",21,negative,neutral,neutral,negative,-0.967,neutral,0.5,neutral,0.0,negative,neutral,neutral
12806.0,2009-02-18,"Over the intermeeting period, investors marked down their expectations for the path of the federal funds rate, as measured by money market futures rates.",24,neutral,neutral,neutral,negative,-0.728,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12807.0,2009-07-15,"Consumer price inflation was fairly quiescent in recent months, although the upturn in energy prices appeared likely to boost headline inflation in June.",23,neutral,neutral,neutral,positive,0.5116,positive,0.642423863346449,positive,0.5859,neutral,neutral,positive
12808.0,2009-09-02,Businesses are still cutting back on fixed investment and staffing but are making progress in bringing inventory stocks into better alignment with sales.,23,negative,negative,neutral,negative,-0.679,neutral,0.5443580731214791,positive,0.1779,neutral,neutral,neutral
12809.0,2009-11-24,"Household spending appears to be expanding but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth, and tight credit.",22,positive,negative,neutral,negative,-0.929,positive,0.635850737283906,positive,0.5574,negative,neutral,neutral
12810.0,2010-02-17,"The labor force participation rate, however, had declined steeply since the spring, likely reflecting, at least in part, adverse labor market conditions.",22,neutral,negative,neutral,negative,-0.948,negative,0.4106691108495632,negative,-0.3612,negative,neutral,neutral
12811.0,2010-05-19,Some participants saw advantages to varying the FOMC's holdings of longer-term assets system-atically in response to economic and financial developments.,20,neutral,neutral,neutral,positive,0.5955,positive,0.6323472939616752,positive,0.5423,neutral,neutral,neutral
12812.0,2010-05-19,"Increased exports of industrial supplies, capital goods, and automotive products were partly offset by declines in agricultural goods and consumer goods.",21,positive,neutral,neutral,positive,0.7548,positive,0.7057850278370112,positive,0.875,neutral,neutral,neutral
12813.0,2010-10-12,The Manager also discussed plans to publish a new set of criteria that would allow a broader set of money market funds to become eligible counterparties.,26,neutral,neutral,neutral,neutral,0.1373,positive,0.5563347883095608,positive,0.2263,neutral,neutral,neutral
12814.0,2011-02-16,"Reports on planned capital expenditures by small businesses showed some signs of improvement in recent months, although they remained relatively subdued.",21,No majority found,neutral,neutral,positive,0.8798,positive,0.6127294642065295,positive,0.4588,positive,neutral,neutral
12815.0,2011-02-16,"On the upside, the recent strength in household spending raised the possibility that domestic final demand could snap back more rapidly than anticipated.",23,positive,neutral,neutral,negative,-0.844,positive,0.5991440698122475,positive,0.4019,positive,neutral,neutral
12816.0,2011-04-05,"In the euro area, monthly indicators of activity, such as retail sales and purchasing managers indexes, were generally positivee in January and February.",23,positive,neutral,neutral,positive,0.4208,neutral,0.5,neutral,0.0,positive,neutral,neutral
12817.0,2011-04-05,"In contrast to headline inflation, core inflation and other measures of underlying inflation remained subdued, though they appeared to have bottomed out.",22,neutral,neutral,negative,negative,-0.597,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12818.0,2011-04-05,"Similarly, measures of underlying inflation continued to be somewhat low relative to levels seen as consistent with the dual mandate over the longer run.",24,neutral,neutral,negative,positive,0.4482,negative,0.4491761350327461,negative,-0.204,neutral,neutral,positive
12819.0,2011-07-12,The Committee will monitor the economic outlook and financial developments and will act as needed to best foster maximum employment and price stability.,23,neutral,neutral,neutral,neutral,0.1464,positive,0.6083543386109735,positive,0.4404,neutral,neutral,positive
12820.0,2011-08-30,"Motor vehicle purchases declined during the spring when the availability of some models was limited, but rebounded somewhat in July as supplies improved.",23,negative,neutral,neutral,negative,-0.91,positive,0.5960901007584811,positive,0.3892,neutral,neutral,neutral
12821.0,2011-10-12,"However, some strains emerged late in the intermeeting period in the market for repurchase agreements backed by lower-quality, nontraditional collateral.",20,negative,neutral,neutral,negative,-0.858,positive,0.5563347883095608,positive,0.2263,neutral,neutral,neutral
12822.0,2012-02-15,The revisions reflected discussion of an earlier draft during the Committee's December meeting as well as comments received over the intermeeting period.,22,neutral,neutral,neutral,neutral,0.0094,neutral,0.5,neutral,0.0,neutral,neutral,positive
12823.0,2012-04-03,Recent indicators suggested some improvement in foreign economic activity early this year after a significant slowing in the fourth quarter of last year.,23,positive,neutral,neutral,positive,0.8923,positive,0.642423863346449,positive,0.5859,positive,neutral,neutral
12824.0,2012-07-11,Several members noted that the downward pressure on longer-term rates from continuing the Committee's maturity extension program was likely to be modest.,22,neutral,neutral,neutral,negative,-0.842,negative,0.4265356063867507,negative,-0.296,neutral,neutral,neutral
12825.0,2012-10-04,"Manufacturing production increased at a faster pace in July than in the second quarter, and the rate of manufacturing capacity utilization rose slightly.",23,positive,neutral,neutral,positive,0.9251,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12826.0,2012-11-14,"Across export categories, exports of industrial supplies posted a particularly large decline, as the volume of petroleum product exports dropped sharply.",21,negative,neutral,neutral,negative,-0.964,negative,0.4321216689988913,negative,-0.2732,negative,neutral,neutral
12827.0,2012-11-14,"Option-implied volatility for the S&P 500 index fell noticeably following the September FOMC meeting but increased, on net, over the intermeeting period.",22,neutral,neutral,neutral,negative,-0.903,positive,0.5788855158293956,positive,0.3182,neutral,neutral,neutral
12828.0,2012-11-14,"By various estimates, underlying inflation trends remained subdued, and indicators of longer-term inflation expectations were generally viewed as stable.",19,neutral,neutral,positive,negative,-0.264,positive,0.5734643936132494,positive,0.296,neutral,neutral,positive
12829.0,2013-04-10,"The staff saw the uncertainty around its projection for inflation as about average, and it viewed the risks to the inflation outlook as roughly balanced.",25,neutral,neutral,neutral,neutral,0.1299,negative,0.3676527060383248,negative,-0.5423,neutral,neutral,neutral
12830.0,2013-05-22,"After faster gains in January and February, private nonfarm employment increased at a subdued rate in March, and government employment declined slightly.",22,neutral,neutral,neutral,negative,-0.914,positive,0.6661448670999395,positive,0.6908,neutral,neutral,positive
12831.0,2013-05-22,"In the April SLOOS, relatively large net fractions of these banks reported having eased standards and reduced spreads on C&I loans to firms of all sizes.",26,positive,neutral,neutral,negative,-0.897,positive,0.5893308891504367,positive,0.3612,positive,neutral,neutral
12832.0,2013-05-22,"However, the CRE sector showed some signs of recovery, and survey results indicated that the terms of CRE lending were easing and loan demand increasing.",25,positive,neutral,neutral,positive,0.9334,positive,0.624947117938639,positive,0.5106,positive,neutral,neutral
12833.0,2013-07-10,Participants noted that consumer spending continued to increase at a moderate rate in recent months despite tax increases and only modest gains in wages.,24,positive,neutral,neutral,positive,0.9324,positive,0.6879601476961928,positive,0.7906,neutral,neutral,positive
12834.0,2013-11-20,Drawings on the dollar and foreign currency liquidity swap lines will be approved by the Chairman in consultation with the Foreign Currency Subcommittee.,23,neutral,neutral,neutral,neutral,0.0675,neutral,0.5,neutral,0.0,neutral,neutral,positive
12835.0,2013-11-20,"In the agricultural sector, crop yields were healthy, farmland values were up, and lower crop prices were increasing the affordability of livestock feed.",23,positive,neutral,neutral,positive,0.894,positive,0.6566949065607283,positive,0.6486,positive,neutral,neutral
12836.0,2013-11-20,"Uncertainty about future fiscal policy and the regulatory environment, including changes in health care, were mentioned as weighing on business planning.",21,negative,neutral,neutral,negative,-0.918,positive,0.5504032199355139,positive,0.2023,neutral,neutral,neutral
12837.0,2014-01-08,"Measures of firms' hiring plans remained higher than a year earlier, and household expectations of the labor market situation improved in early December.",23,neutral,positive,neutral,positive,0.8394,positive,0.6083543386109735,positive,0.4404,positive,neutral,neutral
12838.0,2014-04-09,Another participant favored introducing new quantitative thresholds of 5-1/2 percent for the unemployment rate and 2-1/4 percent for projected inflation.,20,neutral,neutral,neutral,neutral,0.176,neutral,0.4871028614901135,negative,-0.0516,neutral,neutral,positive
12839.0,2014-07-09,"However, the medium-term projection for inflation was revised down slightly, reflecting a reassessment by the staff of the underlying trend in inflation.",22,neutral,neutral,positive,negative,-0.946,neutral,0.5,neutral,0.0,neutral,neutral,positive
12840.0,2014-07-09,"Several others, however, remained concerned that persistent low inflation in Europe and Japan could eventually erode inflation expectations more broadly.",20,neutral,neutral,negative,negative,-0.935,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12841.0,2014-07-09,"Even so, several participants pointed out that both long- and short-term unemployment and measures that include marginally attached workers had declined.",21,neutral,positive,neutral,negative,-0.885,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,neutral
12842.0,2014-08-20,"The unemployment rate declined to 6.1 percent in June, the labor force participation rate was unchanged, and the employment-to-population ratio edged up.",22,neutral,positive,neutral,negative,-0.681,negative,0.3916456613890264,negative,-0.4404,neutral,neutral,positive
12843.0,2014-08-20,"Household spending appeared to be rising moderately, and business fixed investment was advancing, while the recovery in the housing sector remained slow.",22,positive,neutral,neutral,positive,0.6373,neutral,0.5,neutral,0.0,positive,neutral,neutral
12844.0,2014-10-08,Several participants added that slower economic growth in China or Japan or unanticipated events in the Middle East or Ukraine might pose a similar risk.,25,negative,neutral,neutral,negative,-0.929,neutral,0.5319563807976407,positive,0.128,neutral,neutral,neutral
12845.0,2014-10-08,"Household spending appeared to be rising moderately, and business fixed investment was advancing, while the recovery in the housing sector remained slow.",22,positive,neutral,neutral,positive,0.6373,neutral,0.5,neutral,0.0,positive,neutral,neutral
12846.0,2014-11-19,"It would also note that, if progress proves slower than expected, then increases in the target range would likely occur later than currently anticipated.",24,neutral,neutral,neutral,negative,-0.378,positive,0.6513321551518594,positive,0.6249,neutral,neutral,positive
12847.0,2014-11-19,Market-based measures of inflation compensation have declined somewhat; survey-based measures of longer-term inflation expectations have remained stable.,17,neutral,neutral,positive,negative,-0.945,positive,0.5734643936132494,positive,0.296,neutral,neutral,neutral
12848.0,2015-02-18,"The deputy manager also discussed the outcomes of recent tests of term and overnight reverse repurchase agreements (term RRPs and ON RRPs, respectively).",23,neutral,neutral,neutral,neutral,0.0713,positive,0.6639172257204139,positive,0.6808,neutral,neutral,positive
12849.0,2015-02-18,"In addition, valuation pressures appear to be building in the CRE sector, as indicated by rising prices and the easing in lending standards on CRE loans.",26,positive,neutral,neutral,negative,-0.84,neutral,0.4871028614901135,negative,-0.0516,negative,neutral,neutral
12850.0,2015-07-08,"However, several participants pointed out that the 3-month change in that index had firmed recently, signaling some improvement in the inflation outlook.",22,neutral,neutral,positive,positive,0.9253,positive,0.6127294642065295,positive,0.4588,neutral,neutral,positive
12851.0,2015-07-08,"Although they expressed some uncertainty about the extent of the likely near-term pickup, members expected moderate economic growth over the medium term.",22,positive,neutral,neutral,positive,0.9172,neutral,0.5128971385098865,positive,0.0516,positive,neutral,neutral
12852.0,2015-08-19,The deputy manager also updated the Committee on plans for tests of the Term Deposit Facility in August and of term RRPs at the end of the third quarter.,29,neutral,neutral,neutral,neutral,0.052,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12853.0,2015-08-19,"However, a couple of participants noted that they did not expect this sector to be a major contributor to economic growth over the remainder of the year.",27,neutral,neutral,neutral,neutral,0.2233,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12854.0,2015-08-19,"Moreover, some members continued to see downside risks to inflation from the possibility of further dollar appreciation and declines in commodity prices.",22,neutral,neutral,No majority found,negative,-0.935,neutral,0.5128971385098865,positive,0.0516,neutral,neutral,positive
12855.0,2016-01-06,"Nominal shipments of nondefense capital goods excluding aircraft edged down in October, although new orders for these capital goods continued to move up.",23,neutral,neutral,neutral,negative,-0.931,positive,0.6455190236879995,positive,0.5994,neutral,neutral,positive
12856.0,2016-01-06,"Recent indicators for economic activity in China were relatively favorable, and several other emerging Asian economies strengthened in the third quarter.",21,positive,neutral,neutral,positive,0.9343,positive,0.6591929943933286,positive,0.6597,positive,neutral,neutral
12857.0,2016-02-17,A staff presentation at this meeting reviewed broad strategies for reintroducing an aggregate cap on ON RRP operations and managing the cap subsequently.,23,neutral,neutral,neutral,neutral,0.1651,neutral,0.5,neutral,0.0,neutral,neutral,positive
12858.0,2016-02-17,"Many viewed labor market underutilization as having been substantially reduced over the past year, and a few saw slack as having been largely eliminated.",24,neutral,positive,neutral,negative,-0.835,neutral,0.5,neutral,0.0,neutral,neutral,positive
12859.0,2016-04-06,"Both readings on core inflation were boosted, in part, by movements in prices for some categories of goods and services whose prices tend to be volatile.",26,neutral,neutral,negative,positive,0.8517,positive,0.6639172257204139,positive,0.6808,neutral,neutral,positive
12860.0,2016-05-18,"They saw a risk that a more persistent slowdown in economic growth might be under way, which could hinder further improvement in labor market conditions.",25,negative,negative,neutral,negative,-0.953,positive,0.6323472939616752,positive,0.5423,negative,neutral,neutral
12861.0,2016-05-18,"In addition, the recent depreciation of the dollar and indications of a rebound of economic growth in China appeared to reduce pressures on the renminbi.",25,positive,neutral,negative,positive,0.9064,neutral,0.5256524569705925,positive,0.1027,positive,neutral,neutral
12862.0,2016-08-17,"However, recent readings from national and regional surveys of business conditions suggested some pickup in business equipment spending in the near term.",22,positive,neutral,neutral,positive,0.4846,neutral,0.5,neutral,0.0,positive,neutral,neutral
12863.0,2016-10-12,"Participants' reports on the manufacturing sector indicated varying conditions across Districts, but, on the whole, manufacturing activity remained flat.",19,neutral,neutral,neutral,negative,-0.881,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12864.0,2017-01-04,"Total nonfarm payroll employment increased at a solid pace in October and November, and the unemployment rate declined, reaching 4.6 percent in November.",23,neutral,positive,neutral,negative,-0.868,neutral,0.5064496422423137,neutral,0.0258,positive,neutral,neutral
12865.0,2017-01-04,"Both manufacturing production and mining output increased, but the output of utilities declined markedly because of unseasonably warm weather in October.",21,positive,neutral,neutral,negative,-0.952,positive,0.6210247413644827,positive,0.4939,positive,neutral,neutral
12866.0,2017-01-04,"Currency weakness prompted some EME central banks, such as the Bank of Mexico and the Central Bank of the Republic of Turkey, to tighten monetary policy.",26,neutral,neutral,neutral,negative,-0.83,negative,0.396157869084334,negative,-0.4215,neutral,neutral,neutral
12867.0,2017-01-04,"Regarding the household sector, the available information indicated that consumer spending had been rising at a moderate rate, on balance, since midyear.",22,positive,neutral,neutral,positive,0.9146,neutral,0.5,neutral,0.0,neutral,neutral,positive
12868.0,2017-04-05,"However, the volumes of CMBS issuance and of deals in the pipeline were lower in the first two months of the year than in each of the previous two years.",30,negative,neutral,neutral,negative,-0.893,negative,0.4321216689988913,negative,-0.2732,negative,neutral,neutral
12869.0,2017-04-05,"In view of the substantial uncertainty, about half of the participants did not incorporate explicit assumptions about fiscal policy in their projections.",22,negative,neutral,neutral,neutral,-0.049,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12870.0,2017-05-24,Market-based measures of inflation compensation remained low; survey-based measures of longer-term inflation expectations were little changed on balance.,18,neutral,neutral,positive,negative,-0.783,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12871.0,2017-07-05,Market-based measures of inflation compensation remained low; survey-based measures of longer-term inflation expectations were little changed on balance.,18,neutral,neutral,positive,negative,-0.783,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12872.0,2017-08-16,"Gross issuance of corporate bonds stepped down in June from a strong pace in May, while issuance of institutional leveraged loans continued to be robust.",25,positive,neutral,neutral,negative,-0.959,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12873.0,2017-08-16,Market-based measures of inflation compensation remained low; survey-based measures of longer-term inflation expectations were little changed on balance.,18,neutral,neutral,positive,negative,-0.783,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12874.0,2017-08-16,Market-based measures of inflation compensation remained low; survey-based measures of longer-term inflation expectations were little changed on balance.,18,neutral,neutral,positive,negative,-0.783,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12875.0,2017-10-11,"Despite generally better-than-expected earnings releases, AFE equity prices were mixed over the period, with bank stocks underperforming broader indexes.",19,positive,neutral,neutral,negative,-0.914,neutral,0.5,neutral,0.0,neutral,neutral,positive
12876.0,2017-10-11,"Issuance of asset-backed securities remained robust over the year to date and outpaced that of the previous year, providing support for consumer lending.",23,positive,neutral,neutral,positive,0.9375,positive,0.6985073366421095,positive,0.8402,positive,neutral,neutral
12877.0,2017-10-11,"However, standards and terms on auto and credit card loans were tighter for subprime borrowers, likely in response to rising delinquencies on such loans.",24,negative,neutral,neutral,negative,-0.288,positive,0.594307167585335,positive,0.3818,neutral,neutral,positive
12878.0,2017-10-11,Market-based measures of inflation compensation remained low; survey-based measures of longer-term inflation expectations were little changed on balance.,18,neutral,neutral,positive,negative,-0.783,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12879.0,2017-10-11,"Consequently, participants generally expected that any reaction in financial markets to the start of balance sheet normalization would likely be limited.",21,neutral,neutral,neutral,negative,-0.534,neutral,0.5,neutral,0.0,neutral,neutral,positive
12880.0,2017-10-11,Market-based measures of inflation compensation remained low; survey-based measures of longer-term inflation expectations were little changed on balance.,18,neutral,neutral,positive,negative,-0.783,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12881.0,2018-02-21,"In that regard, a number of participants noted the importance of continuing to emphasize that the Committee's 2 percent inflation objective is symmetric.",23,neutral,neutral,neutral,positive,0.4902,positive,0.6038421309156661,positive,0.4215,neutral,neutral,positive
12882.0,2018-04-11,Inflation on a 12-month basis was expected to move up in coming months and to stabilize around the Committee's 2 percent objective over the medium term.혻,26,neutral,neutral,positive,positive,0.9321,neutral,0.5,neutral,0.0,neutral,neutral,positive
12883.0,2018-08-22,"Although some signs of deterioration emerged over the intermeeting period, the credit quality of nonfinancial corporations continued to be solid overall.",21,neutral,neutral,neutral,positive,0.934,positive,0.6210247413644827,positive,0.4939,neutral,neutral,neutral
12884.0,2018-11-29,"These rates could also be targeted with abundant excess reserves, as could interest rates on secured funding or a mixture of secured and unsecured rates.",25,neutral,neutral,neutral,neutral,0.0612,positive,0.6616151085253192,positive,0.6705,neutral,neutral,positive
12885.0,2019-01-09,"The pace of gross equity issuance through both seasoned and initial offerings moderated, consistent with the weakness and volatility in the stock market.",23,negative,neutral,neutral,positive,0.5341,negative,0.3296872315926461,negative,-0.7096,neutral,neutral,positive
12886.0,2019-05-22,The unemployment rate was projected to decline a little further below the staff's estimate of its longer-run natural rate and to bottom out in late 2020.,26,neutral,positive,neutral,negative,-0.955,neutral,0.4743475430294075,negative,-0.1027,neutral,neutral,neutral
12887.0,2019-07-10,The market-implied probability for a 25 basis point cut in the target range for the federal funds rate by the July FOMC meeting rose to about 85 percent.,28,positive,neutral,neutral,positive,0.878,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12888.0,2019-07-10,"The credit quality of nonfinancial corporations remained solid, as the volume of nonfinancial corporate bond upgrades outpaced that of downgrades in May.",22,positive,neutral,neutral,positive,0.9324,positive,0.6210247413644827,positive,0.4939,neutral,neutral,neutral
12889.0,2019-08-21,Developments in Financial Markets and Open Market OperationsThe manager pro tem discussed developments in financial markets over the intermeeting period.,20,neutral,neutral,neutral,neutral,0.023,neutral,0.5,neutral,0.0,neutral,neutral,positive
12890.0,2019-10-09,"Federal defense spending over July and August decelerated, and federal hiring of temporary workers for next year's decennial census was modest in August.",23,negative,neutral,neutral,negative,-0.958,neutral,0.5319563807976407,positive,0.128,negative,neutral,neutral
12891.0,2019-11-20,"Additionally, banks reported that their standards on auto loans and their willingness to make consumer installment loans were about unchanged on balance.",22,neutral,neutral,neutral,negative,-0.253,positive,0.5678783310011088,positive,0.2732,neutral,neutral,neutral
12892.0,2020-01-03,Consumer asset-backed securities issuance was strong through October as spreads stabilized at levels that were somewhat above their post-crisis averages.,20,positive,neutral,neutral,positive,0.904,positive,0.6279190923445779,positive,0.5233,positive,neutral,neutral
12893.0,2020-07-01,"Despite this improvement in risk sentiment, market participants expected weak overall growth in 2020, and elevated uncertainties in the outlook remained.",21,negative,neutral,neutral,negative,-0.958,negative,0.3725483004881858,negative,-0.5213,negative,neutral,neutral
12894.0,2020-08-19,"Importantly, with conditions in MBS markets continuing to stabilize, primary mortgage rates fell to historically low levels over the intermeeting period.",21,positive,neutral,neutral,negative,-0.964,neutral,0.5128971385098865,positive,0.0516,neutral,neutral,positive
12895.0,2020-08-19,"In June, the components of retail sales used by the Bureau of Economic Analysis to estimate PCE, along with light motor vehicle sales, increased further.",25,positive,neutral,neutral,positive,0.9268,positive,0.5788855158293956,positive,0.3182,positive,neutral,neutral
12896.0,2020-11-25,"Residential real estate loans on banks' balance sheets declined, and the October SLOOS suggested that lending standards tightened for all mortgage types.",22,negative,neutral,neutral,negative,-0.925,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12897.0,2021-02-17,The FOMC's updated guidance around asset purchases was seen as broadly in line with expectations and did not elicit noticeable financial market reaction.,23,neutral,neutral,neutral,positive,0.0252,positive,0.5893308891504367,positive,0.3612,neutral,neutral,positive
12898.0,2021-02-17,A couple of participants commented that it would be important for the appropriate regulatory bodies to address these financial stability vulnerabilities.,21,negative,neutral,neutral,positive,0.6619,neutral,0.4935503577576862,neutral,-0.0258,neutral,neutral,positive
12899.0,2021-04-07,Spreads on commercial paper and negotiable certificates of deposit across different tenors were little changed and remained near historically low levels.,21,positive,neutral,neutral,negative,-0.877,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12900.0,2021-04-07,"Mortgage rates for most borrowers increased but stayed near historically low levels, supporting elevated refinance and purchase activity through January.",20,positive,neutral,neutral,positive,0.8135,positive,0.6083543386109735,positive,0.4404,neutral,neutral,neutral
12901.0,2021-04-07,"Several participants suggested that the ARP could hasten the recovery, which could help limit longer-term damage in labor markets caused by the pandemic.",23,negative,No majority found,neutral,positive,0.8987,neutral,0.4680436192023592,negative,-0.128,positive,neutral,neutral
12902.0,2021-04-07,"After the transitory effects of these factors fade, however, participants generally anticipated that annual inflation readings would edge down next year.",21,neutral,neutral,neutral,negative,-0.958,neutral,0.5,neutral,0.0,neutral,neutral,positive
12903.0,2021-05-19,"However, a new surge in infections in several countries in Latin America and South Asia, notably India, underscored the fragility of the global recovery.",24,negative,neutral,neutral,negative,-0.581,neutral,0.5,neutral,0.0,negative,neutral,neutral
12904.0,2021-05-19,"Consumer loans grew at a robust pace in February, reflecting the continued expansion of auto loans and a partial rebound in credit card account balances.",25,positive,neutral,neutral,positive,0.9329,positive,0.6484880799484042,positive,0.6124,positive,neutral,neutral
12905.0,2021-07-07,"Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain.",25,negative,neutral,neutral,positive,0.8895,negative,0.3712868889590731,negative,-0.5267,neutral,neutral,neutral
12906.0,2021-08-18,"In questions and comments following the manager's briefing, participants expressed broad support for the establishment of the SRF and FIMA Repo Facility.",22,neutral,neutral,neutral,positive,0.8482,positive,0.5991440698122475,positive,0.4019,neutral,neutral,positive
12907.0,2021-08-18,The Open Market Desk at the Selected Bank will also report at least annually to the Committee on facility usage and the list of approved account holders.,27,neutral,neutral,neutral,neutral,-0.002,neutral,0.5,neutral,0.0,neutral,neutral,positive
12908.0,2021-08-18,"Furthermore, the spread of mortgage rates to MBS yields was close to pre-pandemic levels after having widened significantly at the start of the pandemic.",24,neutral,neutral,neutral,positive,0.3935,neutral,0.5,neutral,0.0,neutral,neutral,positive
12909.0,2021-08-18,"For the year as a whole, therefore, real GDP was projected to post a substantial increase, with a correspondingly large decline in the unemployment rate.",25,positive,positive,neutral,positive,0.8757,neutral,0.5128971385098865,positive,0.0516,positive,neutral,neutral
12910.0,2021-08-18,"Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain.",25,negative,neutral,neutral,positive,0.8895,negative,0.3712868889590731,negative,-0.5267,neutral,neutral,neutral
12911.0,2021-10-13,"Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain.",25,negative,neutral,neutral,positive,0.8895,negative,0.3712868889590731,negative,-0.5267,neutral,neutral,neutral
12912.0,2021-11-24,Participants observed that households had strong balance sheets and that consumer spending would also be supported by accommodative financial conditions.,20,positive,neutral,neutral,positive,0.8903,positive,0.6722545889041723,positive,0.7184,neutral,neutral,positive
12913.0,2022-02-16,The Open Market Desk at the Selected Bank will also report at least annually to the Committee on facility usage and the list of approved account holders.,27,neutral,neutral,neutral,neutral,-0.002,neutral,0.5,neutral,0.0,neutral,neutral,positive
12914.0,2022-05-25,"Household credit quality remained strong, and delinquency rates across both prime and nonprime borrowers continued to be subdued by historical standards.",21,positive,neutral,neutral,positive,0.8952,positive,0.6703127684073539,positive,0.7096,neutral,neutral,neutral
12915.0,2022-05-25,These advances and the further tightening of labor market conditions were judged consistent with significant underlying momentum in the domestic economy.,21,positive,positive,neutral,positive,0.926,positive,0.5504032199355139,positive,0.2023,positive,neutral,neutral
12916.0,2022-08-17,"Inflation remained elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.",21,negative,neutral,negative,negative,-0.644,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12917.0,2022-08-17,"In addition, business survey data and information received from contacts indicated that manufacturing orders and production had fallen in some Districts.",21,negative,neutral,neutral,negative,-0.965,neutral,0.5,neutral,0.0,negative,neutral,neutral
12918.0,2022-08-17,"If this risk materialized, it would complicate the task of returning inflation to 2 percent and could raise substantially the economic costs of doing so.",25,negative,neutral,negative,negative,-0.828,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,positive
12919.0,2022-10-12,"Available spending indicators, including the August retail sales report, suggested that real PCE was on track to post a modest gain in the third quarter.",25,positive,neutral,neutral,positive,0.9359,positive,0.6287131110409269,positive,0.5267,positive,neutral,neutral
12920.0,2022-10-12,"The U.S. dollar appreciated further against most major currencies, reaching multi-decade highs against the euro, the British pound, and the Japanese yen.",22,neutral,neutral,positive,positive,0.9149,positive,0.6038421309156661,positive,0.4215,neutral,neutral,positive
12921.0,2022-10-12,"Inflation remained elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.",21,negative,neutral,negative,negative,-0.644,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12922.0,2022-10-12,"With regard to the economic outlook, participants noted that recent data pointed to modest growth in economic activity over the second half of this year.",25,positive,neutral,neutral,negative,-0.293,positive,0.594307167585335,positive,0.3818,positive,neutral,neutral
12923.0,2022-10-12,"""The vote also encompassed approval of the statement below for release at 2:00 p.m.:""Recent indicators point to modest growth in spending and production.",23,positive,neutral,neutral,positive,0.8479,positive,0.6661448670999395,positive,0.6908,neutral,neutral,positive
12924.0,2022-11-23,"Residential investment dropped further, however, and business fixed investment growth was held back by a decline in nonresidential structures investment.",20,negative,neutral,neutral,negative,-0.941,neutral,0.5319563807976407,positive,0.128,negative,neutral,neutral
12925.0,2022-11-23,"Inflation remained elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.",21,negative,neutral,negative,negative,-0.644,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12926.0,2022-11-23,They would be prepared to adjust the stance of monetary policy as appropriate if risks emerged that could impede the attainment of the Committee's goals.,25,neutral,neutral,neutral,neutral,-0.17,negative,0.4321216689988913,negative,-0.2732,neutral,neutral,neutral
12927.0,2022-11-23,"""The vote also encompassed approval of the statement below for release at 2:00 p.m.:""Recent indicators point to modest growth in spending and production.",23,positive,neutral,neutral,positive,0.8479,positive,0.6661448670999395,positive,0.6908,neutral,neutral,positive
12928.0,2023-01-04,"Credit continued to be generally available to businesses and households, but high borrowing costs appeared to weigh on financing volumes in many markets.",23,negative,neutral,neutral,negative,-0.593,positive,0.594307167585335,positive,0.3818,neutral,neutral,neutral
12929.0,2023-01-04,"Inflation remained elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.",21,negative,neutral,negative,negative,-0.644,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12930.0,2023-01-04,"""The vote also encompassed approval of the statement below for release at 2:00 p.m.:""Recent indicators point to modest growth in spending and production.",23,positive,neutral,neutral,positive,0.8479,positive,0.6661448670999395,positive,0.6908,neutral,neutral,positive
12931.0,2023-02-22,"The staff assessed that valuation pressures had eased for corporate bonds and leveraged loans, as spreads in both markets had increased from recent lows.",24,positive,neutral,neutral,positive,0.9273,neutral,0.5319563807976407,positive,0.128,neutral,neutral,neutral
12932.0,2023-02-22,"""The vote also encompassed approval of the statement below for release at 2:00 p.m.:""Recent indicators point to modest growth in spending and production.",23,positive,neutral,neutral,positive,0.8479,positive,0.6661448670999395,positive,0.6908,neutral,neutral,positive
12933.0,2006-02-21,"Headline consumer inflation had been held down by falling consumer energy prices; more recently, however, crude oil prices climbed back up to high levels.",24,neutral,neutral,neutral,negative,-0.421,negative,0.405692832414665,negative,-0.3818,neutral,neutral,positive
12934.0,2006-02-21,"Labor demand expanded further in the fourth quarter, as private nonfarm payrolls showed large gains in November followed by more-modest gains in December.",23,neutral,positive,neutral,positive,0.9281,positive,0.6947667628737805,positive,0.8225,positive,neutral,neutral
12935.0,2006-02-21,"For instance, the effects of a leveling out of housing wealth on the saving rate were difficult to predict, but, in the view of some, potentially sizable.",27,neutral,neutral,neutral,negative,-0.665,neutral,0.5443580731214791,positive,0.1779,neutral,neutral,neutral
12936.0,2006-04-18,"Labor demand continued to increase in the first two months of 2006, as private nonfarm payroll employment showed large gains in both January and February.",25,neutral,positive,neutral,positive,0.9279,positive,0.654052365591518,positive,0.6369,positive,positive,neutral
12937.0,2006-04-18,"Excluding motor vehicles, consumption spending was robust, supported by continuing improvement in the labor market and advances in wage and salary income.",22,positive,positive,neutral,positive,0.9308,positive,0.675923433205856,positive,0.7351,positive,neutral,neutral
12938.0,2006-04-18,Growth of domestic nonfinancial sector debt appeared to have moderated only a bit in the first quarter from its robust pace in the fourth quarter of 2005.,27,positive,neutral,neutral,positive,0.4879,positive,0.5893308891504367,positive,0.3612,neutral,neutral,neutral
12939.0,2006-04-18,"While liquid deposits expanded moderately, small time deposits and retail money funds advanced strongly, supported by further increases in offering rates.",21,positive,neutral,neutral,positive,0.9384,positive,0.6926632716312461,positive,0.8126,positive,neutral,neutral
12940.0,2006-04-18,Some participants indicated that nonresidential construction was in the process of picking up and commercial vacancy rates were declining in some regions.,22,positive,neutral,neutral,negative,-0.937,neutral,0.5,neutral,0.0,positive,neutral,neutral
12941.0,2006-05-31,"If economic growth continued to moderate over coming quarters, as anticipated, pressures on productive resources would most likely continue to be limited.",22,No majority found,neutral,neutral,positive,0.3341,neutral,0.5256524569705925,positive,0.1027,neutral,neutral,neutral
12942.0,2006-05-31,"Given the risks to growth and inflation, Committee members were uncertain about how much, if any, further tightening would be needed after today's action.",24,negative,neutral,negative,neutral,-0.388,neutral,0.4556419268785208,negative,-0.1779,neutral,neutral,neutral
12943.0,2006-07-20,"In general, inventories appeared to be well aligned with demand, and business surveys suggested that firms were comfortable with the level of inventories.",23,neutral,neutral,neutral,positive,0.9003,positive,0.6038421309156661,positive,0.4215,neutral,neutral,neutral
12944.0,2006-07-20,"Expansion of economic activity in the foreign industrial countries was solid in the first quarter, but indications for the second quarter were more mixed.",24,neutral,neutral,neutral,positive,0.3431,neutral,0.5382004122365355,positive,0.1531,positive,neutral,neutral
12945.0,2006-07-20,"Still, possible increases in resource utilization and the elevated prices of energy and other commodities had the potential to add to inflation pressures.",23,neutral,neutral,negative,negative,-0.054,positive,0.5734643936132494,positive,0.296,neutral,neutral,positive
12946.0,2007-10-09,"Most forward-looking indicators of housing demand, including an index of pending home sales, pointed to a further deterioration in sales in the near term.",24,negative,neutral,neutral,negative,-0.955,neutral,0.4680436192023592,negative,-0.128,negative,neutral,neutral
12947.0,2007-10-09,"Although these developments would likely be consistent with longer-term financial stability, they were likely to exert some restraint on aggregate demand.",21,negative,neutral,neutral,positive,0.7882,neutral,0.4680436192023592,negative,-0.128,neutral,neutral,positive
12948.0,2007-11-20,"The stance of monetary policy appeared still to be somewhat restrictive, partly because of the effects of tighter credit conditions on aggregate demand.  ",23,negative,neutral,neutral,neutral,-0.193,positive,0.552579884168692,positive,0.2111,neutral,neutral,neutral
12949.0,2008-01-02,"In this context, the Committee judged that some inflation risks remained and indicated that it would continue to monitor inflation developments carefully.",22,neutral,neutral,negative,neutral,0.4102,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12950.0,2008-01-02,"While liquid deposits continued to grow slowly, heightened demand for safety and liquidity appeared to boost holdings of retail money market mutual funds.",23,neutral,neutral,neutral,positive,0.9255,positive,0.6484880799484042,positive,0.6124,neutral,neutral,positive
12951.0,2008-02-20,"Some participants, however, cited evidence that workers in some sectors were still in short supply and saw signs that the labor market remained resilient.",24,neutral,positive,neutral,negative,-0.889,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12952.0,2008-04-08,"M2 increased strongly in January and February, boosted primarily by heightened demands for the relative safety and liquidity of money market mutual funds.",23,neutral,neutral,neutral,positive,0.9349,positive,0.6926632716312461,positive,0.8126,positive,neutral,neutral
12953.0,2008-05-21,"Although industrial production rose in March, production over the first quarter as a whole was soft, having declined, on average, in January and February.",24,negative,neutral,neutral,negative,-0.966,neutral,0.5,neutral,0.0,negative,neutral,neutral
12954.0,2008-05-21,"Views varied about the likely pace and vigor of the recovery through 2009, although all participants projected GDP growth to be at or above trend in 2010.",27,positive,neutral,neutral,positive,0.7008,positive,0.63920147454366,positive,0.5719,neutral,neutral,neutral
12955.0,2008-07-16,"Tight credit conditions, the ongoing housing contraction, and the rise in energy prices are likely to weigh on economic growth over the next few quarters.",25,negative,neutral,neutral,negative,-0.865,positive,0.6776515249954356,positive,0.743,negative,neutral,neutral
12956.0,2008-08-26,"Excluding these categories, core consumer price inflation was elevated in June but, on balance, was running this year at about the same rate as last year.",26,neutral,neutral,neutral,positive,0.1548,negative,0.4436652116904393,negative,-0.2263,neutral,neutral,positive
12957.0,2008-10-07,Conditions in short-term funding markets remained strained for most of the intermeeting period and deteriorated considerably just before the FOMC meeting.,21,negative,neutral,neutral,negative,-0.945,negative,0.4008559301877525,negative,-0.4019,negative,neutral,neutral
12958.0,2008-11-19,"Under this program, the Treasury issued short-term bills over and above its regular borrowing program, with the proceeds deposited at the Federal Reserve.",23,neutral,neutral,neutral,neutral,0.0091,positive,0.5504032199355139,positive,0.2023,neutral,neutral,neutral
12959.0,2009-02-18,Readings on consumer sentiment remained at very low levels by historical standards through the end of 2008 and showed little improvement in early January.,24,negative,neutral,neutral,negative,-0.947,neutral,0.5386229039363368,positive,0.1548,neutral,neutral,neutral
12960.0,2009-02-18,The decisions of the Federal Open Market Committee (FOMC) at its December 15-16 meeting reportedly were more aggressive than investors had been expecting.,23,neutral,neutral,neutral,positive,0.5482,neutral,0.4617995877634644,negative,-0.1531,neutral,neutral,positive
12961.0,2009-02-18,Participants also noted that other categories of business investment were contracting; they expected the rapid contraction to continue in coming quarters.,21,negative,neutral,neutral,negative,-0.903,neutral,0.5,neutral,0.0,negative,neutral,neutral
12962.0,2009-02-18,"The Committee anticipates that a gradual recovery in economic activity will begin later this year, but the downside risks to that outlook are significant.",24,negative,neutral,neutral,negative,-0.708,negative,0.4211144841706044,negative,-0.3182,positive,neutral,neutral
12963.0,2009-05-20,"Consumer purchases appeared to have stabilized after falling in the second half of 2008, and the steep decline in the housing sector seemed to be abating.",26,positive,neutral,neutral,positive,0.1963,neutral,0.5,neutral,0.0,neutral,neutral,neutral
12964.0,2009-09-02,"Outside of high-tech and transportation, real spending on equipment dropped again in the second quarter but at a slower pace than in the previous quarter.",25,negative,neutral,neutral,negative,-0.964,negative,0.4321216689988913,negative,-0.2732,negative,neutral,neutral
12965.0,2009-09-02,"These factors, along with past declines in wealth that had been only partly offset by recent increases in equity prices, would weigh on consumer spending.",25,negative,neutral,neutral,negative,-0.799,positive,0.6550246718484364,positive,0.6412,negative,neutral,neutral