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The Federal Reserve Bank of Boston illustrated its role in the First District's economy in this 1948 "Bankorama," then displayed in the bank's lobby. The wall text discusses district banking resources, while the model train layout portrays the district's industries. Federal Reserve banks are still keenly interested in their district's business activity. Each Fed takes the economic pulse of its district through research and reports from its board of directors and district advisory groupsall in the course of determining the nation's monetary policy. For a historical look at the industries in each district, see the Beige Book Archive. |
Glossary
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