Unlock the intricate evolution of US monetary policy and financial markets with Kenneth D. Garbade’s detailed study. This book meticulously traces the Federal Reserve’s open market operations and Treasury debt management from 1951-1979, drawing on rich primary sources. Discover how critical financial instruments and procedures were forged through economic shifts. An essential resource for Indian students, scholars, and finance professionals keen on understanding macroeconomics, central banking history, and the mechanics of global financial markets.