Federal Reserve Treasury Accord 1951

March 24th, 2009 12:46 am | by John Jansen |

In the previous post I mentioned the Accord between the Federal Reserve and the Treasury which established the independence of the Federal Reserve and freed it from the World War 2 responsibility of keeping interest rates low.

The Federal Reserve Bank of Richmond is a wonderful resource when seeking answers on economic history. Here is a link to a resource at the Richmond website which celebrated the 50th anniversary of that Accord in 2001.

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