I think that's good given the negative effects you are experiencing and also how he first stated he could do weekly sessions then 'took it back'. Unless he had a change in his life, reduced his schedule or something else, it sounds really shady.
Not that this is true for everyone, but my therapist said there's no point really in going every 2 weeks. He said it would be a waste of money. I don't totally agree with him, but i do think it's true for people with certain issues doing exploration in depth therapy.
On the other hand, going only every 2 weeks can lessen transference and all the intense feelings that go with it. But that wouldn't allow you to get as much accomplished in my opinion.