The Philadelphia Fed president said there can be as few as no cuts or as many as two this year, but if his projections are accurate, one decrease would be appropriate this year.
Gary Siegel is the Managing Editor at The Bond Buyer. He focuses on business and economics, with particular attention to markets and regional developments in Texas, Ohio, and Chicago, Illinois. Gary's insights and analyses have been featured in prominent publications such as American Banker and National Mortgage News.