Source: Foundation for Economic Education
by José Joaquín Fernández
“On October 29, the US Federal Reserve (Fed) lowered its benchmark interest rate (Federal Funds Rate) by 25 basis points, setting it between 3.75% and 4%. This decision follows a similar rate cut made in September. Notably, these decisions were made while inflation continued to rise, and remained much above the Fed’s long-term target of 2%. Given these factors, the Fed should not have cut federal funds rate, but raised them. Let’s explain.” (11/09/25)
https://fee.org/articles/fed-rate-cuts-will-only-lead-to-more-inflation/