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- 1951_Accord abstract "The 1951 Accord, also known simply as the Accord, was an agreement between the U.S. Department of the Treasury and the Federal Reserve that restored independence to the Fed.During World War II, the Federal Reserve pledged to keep the interest rate on Treasury bills fixed at 0.375 percent. It continued to support government borrowing after the war ended, despite the fact that the Consumer Price Index rose 14% in 1947 and 8% in 1948, and the economy was in recession. President Harry S. Truman in 1948 replaced the then-Chairman of the Federal Reserve Marriner Eccles with Thomas B. McCabe for opposing this policy, although Eccles's term on the board continued for three more years. The reluctance of the Federal Reserve to continue monetizing the deficit became so great that, in 1951, President Truman invited the entire Federal Open Market Committee to the White House to resolve their differences. William McChesney Martin, then Assistant Secretary of the Treasury, was the principal mediator. Three weeks later, he was named Chairman of the Federal Reserve, replacing McCabe.".
- 1951_Accord wikiPageExternalLink ?tid=92.
- 1951_Accord wikiPageExternalLink accord.html.
- 1951_Accord wikiPageExternalLink hetzel.pdf.
- 1951_Accord wikiPageExternalLink 5j21zvyJR.
- 1951_Accord wikiPageID "2367365".
- 1951_Accord wikiPageLength "1824".
- 1951_Accord wikiPageOutDegree "19".
- 1951_Accord wikiPageRevisionID "642620936".
- 1951_Accord wikiPageWikiLink Category:1951_in_the_United_States.
- 1951_Accord wikiPageWikiLink Category:History_of_the_Federal_Reserve.
- 1951_Accord wikiPageWikiLink Category:Monetary_reform.
- 1951_Accord wikiPageWikiLink Chair_of_the_Federal_Reserve.
- 1951_Accord wikiPageWikiLink Chairman_of_the_Federal_Reserve.
- 1951_Accord wikiPageWikiLink Consumer_Price_Index.
- 1951_Accord wikiPageWikiLink Consumer_price_index.
- 1951_Accord wikiPageWikiLink Federal_Open_Market_Committee.
- 1951_Accord wikiPageWikiLink Federal_Reserve.
- 1951_Accord wikiPageWikiLink Federal_Reserve_System.
- 1951_Accord wikiPageWikiLink Government_borrowing.
- 1951_Accord wikiPageWikiLink Government_debt.
- 1951_Accord wikiPageWikiLink Harry_S._Truman.
- 1951_Accord wikiPageWikiLink Interest_rate.
- 1951_Accord wikiPageWikiLink Marriner_Eccles.
- 1951_Accord wikiPageWikiLink Marriner_Stoddard_Eccles.
- 1951_Accord wikiPageWikiLink Monetization.
- 1951_Accord wikiPageWikiLink Recession.
- 1951_Accord wikiPageWikiLink Thomas_B._McCabe.
- 1951_Accord wikiPageWikiLink Treasury_bill.
- 1951_Accord wikiPageWikiLink U.S._Department_of_the_Treasury.
- 1951_Accord wikiPageWikiLink United_States_Department_of_the_Treasury.
- 1951_Accord wikiPageWikiLink United_States_Treasury_security.
- 1951_Accord wikiPageWikiLink White_House.
- 1951_Accord wikiPageWikiLink William_McChesney_Martin.
- 1951_Accord wikiPageWikiLink World_War_II.
- 1951_Accord wikiPageWikiLinkText "1951 Accord".
- 1951_Accord wikiPageWikiLinkText "Federal Reserve-Treasury Department Accord of 1951".
- 1951_Accord wikiPageWikiLinkText "Treasury-Fed Accord of 1951".
- 1951_Accord wikiPageWikiLinkText "accord".
- 1951_Accord wikiPageWikiLinkText "reasserted its independence".
- 1951_Accord hasPhotoCollection 1951_Accord.
- 1951_Accord wikiPageUsesTemplate Template:Inline.
- 1951_Accord subject Category:1951_in_the_United_States.
- 1951_Accord subject Category:History_of_the_Federal_Reserve.
- 1951_Accord subject Category:Monetary_reform.
- 1951_Accord hypernym Agreement.
- 1951_Accord type Organisation.
- 1951_Accord comment "The 1951 Accord, also known simply as the Accord, was an agreement between the U.S. Department of the Treasury and the Federal Reserve that restored independence to the Fed.During World War II, the Federal Reserve pledged to keep the interest rate on Treasury bills fixed at 0.375 percent. It continued to support government borrowing after the war ended, despite the fact that the Consumer Price Index rose 14% in 1947 and 8% in 1948, and the economy was in recession. President Harry S.".
- 1951_Accord label "1951 Accord".
- 1951_Accord sameAs m.076yq5.
- 1951_Accord sameAs Соглашение_1951_года.
- 1951_Accord sameAs Federal_Reserve-Treasury_Department_Accord_of_1951.
- 1951_Accord sameAs Q4426703.
- 1951_Accord sameAs Q4426703.
- 1951_Accord wasDerivedFrom 1951_Accord?oldid=642620936.
- 1951_Accord isPrimaryTopicOf 1951_Accord.