Factbox-Hear it for yourself: How Fed chiefs’ emotions come through

FILE PHOTO: Federal Reserve Board building is pictured in Washington
FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis//File Photo

July 21, 2021

WASHINGTON (Reuters) – In a machine learning study of Federal Reserve chiefs, former Chair Ben Bernanke had several news conferences when his answers were all judged to have been delivered with a positive emotional tone, former Chair Janet Yellen came the closest to neutral, and current Chair Jerome Powell had several outings rated all negative.

Here are some examples:

June 22, 2011, Bernanke, perfect positive: https://www.youtube.com/watch?v=SC2wYdZjh1E

March 15, 2017, Yellen, close to neutral: https://www.youtube.com/watch?v=Y4muZJ1-NJ4

July 31, 2019, Powell, perfect negative https://www.youtube.com/watch?v=6CNOi7onj2s

(Reporting by Howard Schneider; Editing by Paul Simao)