FOMC_Analysis_Fintech-GT

This repository does the following:

• Downloads all official documents from the Fed's website and converts them into text
• Analyzes word frequencies and trends

Installation

• Navigate to a command prompt
• Make a virtual environment with python using python's venv command
• Activate it, then install all required packages using the command pip install -r requirements.txt

How to Run

Required (you need to run these for everything else to work)

Perform the following in the order shown

1. Run setup.py to configure the .env file, should contain names for different directories
2. Download the PDFs using fomcscraper.py
3. Convert the PDFs into text (stored in pickle files) and eliminate all punctuation and stop words (i.e. common English words) using data_processing.py
4. Aggregate word frequencies by word and by date with word_frequency.py
5. Cache the document types as a python dictionary by running generate_doctype.py

Optional (choose whatever you want from here)

• Separate results by document type (e.g. Beige Books, Blue Books) using split_doctype.py
• Create CSV files from Counter objects with counter_csv.py
• Generate N-Grams of words by using generate_ngrams.py