Central Banking

Fed Reserve Bank of St Louis Review, Nov/Dec 2003

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The latest edition of the St Louis Fed's Review for November-December 2003 includes an article by St Louis Fed President William Poole "Fed Transparency: How, Not Whether", "Burgernomics: A Big Mac Guide to Purchasing Power Parity", and "Banking Antitrust: Are the Assumptions Still Valid?" which finds that even though regulatory changes in the 1990s changed the landscape of banking competition, most of the current evidence confirms that the old assumptions of antitrust analysis are still valid.

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