{"id":149019,"date":"2025-09-15T11:15:18","date_gmt":"2025-09-15T15:15:18","guid":{"rendered":"https:\/\/www.ucf.edu\/news\/?p=149019"},"modified":"2025-09-15T11:15:18","modified_gmt":"2025-09-15T15:15:18","slug":"ucf-economist-rate-cuts-are-on-the-table-and-overdue","status":"publish","type":"post","link":"https:\/\/www.ucf.edu\/news\/ucf-economist-rate-cuts-are-on-the-table-and-overdue\/","title":{"rendered":"麻豆原创 Economist: Rate Cuts Are on the Table \u2014 And Overdue"},"content":{"rendered":"

The Federal Reserve may be dragging its feet, but economist Sean Snaith says the numbers tell a different story: it’s time to cut rates.<\/p>\n

“Inflation nudged up in August, but wholesale prices are cooling and the downward labor market revisions have opened the door to rate cuts,” says Snaith, director of the 麻豆原创’s Institute for Economic Forecasting. “The Fed was too slow to tackle inflation after the pandemic and then cut too soon a year ago. Let’s see if they can finally get it right.”<\/p>\n

Snaith has long criticized the Federal Reserve’s pandemic-era playbook. But he says today’s backdrop, including softer wholesale prices and evidence that payroll growth was overstated, strengthens the case to begin a new phase of interest rate cuts.<\/p>\n

“The Fed is independent, not infallible,” Snaith says. “This week’s decision is a chance to prove it’s paying attention.”<\/p>\n

Alongside his critique, Snaith released his latest U.S. forecast<\/a>, a four-year outlook for the national economy. Highlights include:<\/p>\n