After a long tug-of-war, the Treasury and the Federal Reserve signed a famous accord, under which the Federal Reserve was freed from the obligation to peg government bond interest rates and regained the power to set interest rates, laying the foundation for central bank independence.
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一个狠人
2026-09-26 17:55 · 一个狠人 发布了新视频：美債突發巨震！財政部無預警親自下場買債，引爆隱形扭曲操作！發短債換長債表面降負債，實則化身巨型套息基金。在聯準會釋放加息信號下每季滾雷，這場40萬億債務豪賭將如何收場
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Federal Reserve History: The Treasury-Fed Accord
2026-10-09 16:32 · the Fed would continue to support the price of five-year notes for a short time, but after that the bond market would be on its own. On March 4, 1951, the Treasury and the Fed issued a statement saying they had
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Brookings: What is the Treasury-Fed Accord of 1951
2026-10-09 16:32 · To what exactly did the Treasury and the Fed agree? On March 4, 1951, the Treasury and the Fed issued a joint press release that consisted of a single sentence
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Context CONTEXT
Cause
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This event
The Federal Reserve and the Treasury Sign Accord to Restore Interest Rate Decision-Making Power
1951.03.04 · Verified
Effect
Not recorded yet
Coverage of this event COVERAGE