They are indoctrinated, trained monkeys out of the current “high level” university systems. They have no idea what the meaning of “neutral interest rate” really means.
I discount everything they say.
Of course, I also have a personal reason for this!! I lost a lot of money one time because that f*cker, Greenspan, changed interest rates suddenly, thus causing margins to change, thus not being able to meet margin calls, thus having to liquidate at a huge loss.

Rothbardian_fanatic

When I hear the words 'neutral rate' out of the mouths of these parasites I could puke every time

TomK

econ

FED Cautiously Lowers Rates Amid Easing Inflation and Labor Market Conditions

Yes, indeed, very crazy, but they do it.
This is a great demonstration of the difference between the political means and the economic means.
Powell and his masters, the banksters, are doing this through the political means to rip everybody off.
Letting all of the people set the interest rate by supply of savings versus demand of loans would arrive at a natural market clearing rate of interest.