Monetary Policy on the 75th Anniversary of the Federal Reserve System Proceedings of the Fourteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis / edited by M.T. Belongia.
When the 12 District Banks of the Federal Reserve System opened their doors for business on November 16, 1914, few observers could have foreseen the Fed's present role as a major, if not dominant, player in U. S. and world economic policymaking. After all, two previous attempts to create a cent...
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