You’re Not Supposed to Understand the Federal Reserve


It’s a well-written paper that shows why FED decisions are very important even we do not understand how exactly it works. Actually, FED, in other words FOMC’s decisions have more important role in  emerging market economies than it has in the US. I’m hoping that I will have time to write something on this regards. Anyway, it seems better idea reading this article instead of waiting me… :)