Last week, the Federal Reserve cut interest rates by a quarter percentage point, marking the second of what some expect to be a series of rate reductions in the coming months.

The move came after new data showed consumer inflation rose 3% over the past year—slightly less than expected but above the Fed’s 2% inflation target. Traders are already betting on more cuts ahead.

But the real question isn’t whether lower rates will boost the economy in the short term. It’s whether the Fed has learned from its mistakes—or is setting us up for yet another boom-and-bust cycle.

In this episode of This Week’s Economy, we’ll break down what the Fed’s decision means, why it matters, and what real reform should look like if we want lasting prosperity. 

You can catch the full episode on YouTube, Apple Podcast, or Spotify.

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