This is the data file for Kevin L. Kliesen and Frank A. Schmid's article "Inflation Expectations and Macro Data Releases" 
in the Federal Reserve Bank of St. Louis's Review, May/June 2004 issue.


(kliesen_schmid_fedsurprise.txt)
PooleRasche series is a calculation of the SHOCK variable described in Poole and Rasche (2000; pg. 266).
KuttnerWatson series is a calculation of the surprise measure described in Kuttner (1999) and Watson (2002; pg. 96).
FOMC meeting datess are obtained from federal reserve board website (FOMC Meeting Calendar). <http://www.federalreserve.gov/fomc/#calendars>
	Two consecutive days of meeting are treated as one day meetings consumating on the final meeting date.

(Other Data)
a)  Federal Fund Futures prices, the source data, were obtained from The Wall Street Journal and Bloomberg.
b)  All macroeconomic survey data used in this article are from Money Market Services (MMS) and are proprietary.

DATE,POOLERASCHE,KUTTNERWATSON
02/05/97,-0.020000,-0.031250
03/25/97,0.040000,0.040000
05/20/97,-0.090000,-0.100000
07/02/97,-0.010000,-0.015000
08/19/97,0.010000,-0.011538
09/30/97,0.000000,0.000000
11/12/97,-0.020000,-0.039474
12/16/97,-0.010000,-0.009375
02/04/98,0.010000,0.000000
03/31/98,0.000000,0.000000
05/19/98,-0.020000,-0.023077
07/01/98,-0.010000,-0.009677
08/18/98,0.010000,0.000000
09/29/98,0.060000,0.060000
10/15/98,-0.200000,-0.238235
11/17/98,-0.060000,-0.053571
12/22/98,0.000000,-0.015000
02/03/99,-0.010000,0.000000
03/30/99,0.000000,0.000000
05/18/99,-0.010000,-0.021429
06/30/99,-0.040000,-0.040000
08/24/99,0.030000,0.000000
10/05/99,0.000000,-0.033333
11/16/99,0.080000,0.080000
12/21/99,0.000000,0.027273
02/02/00,-0.040000,-0.053571
03/21/00,-0.010000,-0.027273
05/16/00,0.040000,0.037500
06/28/00,-0.020000,-0.020000
08/22/00,0.000000,0.000000
10/03/00,0.000000,0.000000
11/15/00,0.000000,0.000000
12/19/00,0.050000,0.046154
01/03/01,-0.290000,-0.351724
01/31/01,0.000000,0.000000
03/20/01,0.030000,0.050000
04/18/01,-0.420000,-0.392308
05/15/01,-0.070000,-0.070588
06/27/01,0.080000,0.080000
08/21/01,0.020000,0.027273
09/17/01,-0.120000,-0.300000
10/02/01,-0.080000,-0.060000
11/06/01,-0.110000,-0.096000
12/11/01,0.010000,0.000000
01/30/02,0.020000,0.020000
03/19/02,-0.020000,-0.023077
05/07/02,0.000000,0.000000
06/26/02,-0.020000,-0.020000
08/13/02,0.030000,0.031579
09/24/02,0.020000,0.020000
11/06/02,-0.160000,-0.180000
12/10/02,0.000000,0.000000
01/29/03,0.010000,0.010000
03/18/03,0.020000,0.042857
05/06/03,0.020000,0.034615
06/25/03,0.120000,0.120000
08/12/03,0.000000,0.000000