Street reacts negatively to the cut.
CNN's Bruce Morton explains that, when it comes to the economy, words do matter. A Harvard professor has developed a book designed to make economics easier to understand. Have them work in groups to research the Federal Reserve, its power, and its role in establishing monetary policy, and share their findings. Direct your students, working in groups, to conduct research to learn how Federal Reserve action impacts consumers. Have each group use its information to create a diagram or flow chart that illustrates the relationship between Federal Reserve monetary policy and consumer action, specifically in the area of interest rates.