Bank uses Twitter to predict consumer mood on prices
Bank uses Twitter to predict consumer mood on prices Economists are finding social media to be a surprisingly accurate tool in policy development 15 February 2021 - 13:36 Stefano Bernabei Picture: 123RF/SOLARSEVEN Rome — The Bank of Italy said on Monday a set of experimental indicators it created from the content of millions of tweets accurately tracked consumer mood on price, offering scope for a powerful new monetary policy tool. The effort comes as economists and pol...
Source: businesslive.co.za