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Banking Conditions — Then and Now

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One of the most common misperceptions about the Federal Reserve’s 12 districts is that their boundaries are anachronisms. Considering the twentieth century’s dramatic population shifts and economic changes, this notion goes, how can lines drawn near the century’s beginning reflect banking needs at its end?

Suggested citation: “Banking Conditions — Then and Now,” Federal Reserve Bank of Cleveland, Economic Trends, no. 98-09, pp. 17, 09.01.1998.

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