Fed has been busy these two days. On Dec 11, Fed cut the rate. But Wall Street seemed to not buy it. So on Dec 12, Fed had another move: injected liquidity. However, econbrowser.com cannot understand the market's reaction. Neither do I!
I am an Associate Professor of Economics at Winona State University, where I teach Macroeconomics, International Economics and Forecasting Methods. This blog will provide my observations and collection of news, information, articles, and videos on the issues of global economies, finance, and business.
