Answer the questions below in complete, concise, and well-organized essays. Be s

Answer the questions below in complete, concise, and well-organized essays. Be sure to support your argument with evidence from readings and lectures.
In 1951, the Fed-Treasury Accord provided the Federal Reserve with the authority to set monetary policy independent of the Treasury and with the goal of controlling inflation. Was the Fed successful at controlling inflation in the 1960s and early 1970s? Why or why not? A complete answer would explain how the Fed’s policies contributed to the increase or decrease in inflation rates that occurred from the mid-1960s through the late 1970s in the United States.

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