Wolfers on Fed rate cuts: Neutral is a good place to be | Gerald R. Ford School of Public Policy

Wolfers on Fed rate cuts: Neutral is a good place to be

October 29, 2025 MSNBC

Justin Wolfers reacted to the Fed's latest rate cut on MSNBC: "Don't read too much into this. "The Fed putting on the gas." It's really the Fed taking its foot off the brake. The Fed put the brakes on to deal with the post-pandemic inflation, now it's all the way back to neutral. What do you do in a world where there's no more data? It can be really hard to figure pout the next steps."