The Treasury-Fed Accord

Started by Pallas_Boreas, 2026-Sep-25, 20:58:51

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Pallas_Boreas

QuoteIn March 1951, the US Treasury and the Federal Reserve reached an agreement to separate government debt management from monetary policy, laying the foundation for the modern Fed.

Link: https://www.federalreservehistory.org/essays/treasury-fed-accord