Saturday, 15 October 2011

Federal Reserve to monitor billions of convos for 'Fed', determine mood, ID bloggers




How often do you mention the word 'Fed' online? There is about to be a new breed of Big Brother "watchers" and electronic surveillance on billions of online conversations before eavesdropping on the emotion behind how the 'Fed' was used. The monitoring will include identifying and reaching out to "key bloggers" and "influencers."
ZeroHedge reported the Federal Reserve Bank will soon monitor billions of conversations on social networking sites to know who mentions "Fed" as well as the sentiment in which it was used. The Federal Reserve is looking for a "Communication Group" to monitor social media platforms. The Fed expects the Watchers to be "timely and proactively aware of the reactions and opinions expressed by the general public as it relates to the Federal Reserve and its actions on a variety of subjects."

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