by feds, i.e. the rate neither boost nor slow economy growth. You don't have to believe me. Just go to read a series of statements from feds starting from Jan. of 2019. The neutral interest rate is not a constant depending on many economical and financial variables, finding it is a discovery process. But, by lowering the rate now to neutral rate, I can say Feds indirectly admit its rate increase in first 2 years of Trump presidency is too fast and too much.
The real issue is, as I mentioned before, Fed held 7 years of near-zero rates in Obama presidency. That's way too long and they missed opportunities to raise rates. This 7 years of near-zero rates created wealth for a few ( via inflated stocks) and hurt small potatoes who depend on saving and pension plans, therefore widened the wealth gap.