On October 4th, the Federal Reserve Goolsbee said that the vast majority of Federal Reserve policymakers believe that interest rates will fall significantly over the next year to the next 18 months. There are some signs that inflation may be below target. With current interest rates remaining so restrictive, caution must be exercised. A wide range of data points to a cooling labor market. If productivity growth continues, this means higher economic growth and the neutral interest rate will also rise.