Interest rate cuts once a year are appropriate, if economic trends are as predicted = Philadelphia Federal Bank President

President Harker of the Philadelphia District Federal Reserve expressed the view on the 17th that if economic trends change as expected by himself, “one rate cut by the end of the year will be appropriate.”
The US Federal Reserve (FRB) stated that “it will continue to depend on indicators,” and “if the data changes in some way, there is a good possibility that interest rates will be cut twice or no interest rate cuts by the end of the year.”