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Snippets of Data at a Glance: Using RSS to Deliver Statistics

Presenter 1
San Cannon
Federal Reserve Board

For most researchers, more data are always better.  But for some number watchers, especially in the economic and financial realm, an observation or two is all that is needed but it is needed the moment it is available.  How can data providers serve these clients as well as those who want every observation even if it isn’t readily available?  A group of central banks (US, Canada and Mexico) as well as some international institutions (the European Central Bank and the Bank for International Settlements) are developing a specification for RSS that will allow such immediate delivery as well as adding extra metadata for those users who are compiling a more complete dataset.  This paper will discuss the origins and specifications of RSS-CB1.0 as a data transmission mechanism and explore the success of the current pilot implementations.

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