I wouldn't say it's weird -- it seems like you understood what he was saying and he misspoke. Clearly he was trying to indicate that he believed that something negative was increasing. While I agree this isn't what a negative feedback loop is, I can see how saying this is a positive feedback loop of slowdowns (an undesirable negative effect) might feel like the wrong thing to say.
I'm not arguing that what he said was correct nor saying that I don't know which is which. I think it's weird that we're nitpicking something that was pretty obviously miscommunicated rather than the content.