The Federal Reserve has cut a key interest rate by a quarter-point — the first rate cut since December — and signaled the possibility of two more cuts before the end of the year. Lower rates could help reduce borrowing costs for mortgages, car loans, and business loans, potentially boosting hiring and overall economic activity. Wall Street responded positively, with the Dow Jones Industrial Average initially jumping 200 points. Todd Stankiewicz, co-portfolio manager of the Free Markets ETF, joins to discuss the implications. He shares when we might reach that "sweet spot" of stimulating growth while containing inflation and what key economic indicators Americans should watch to gauge whether the Fed's approach is succeeding.

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