Gary Siegel is a journalist with more than 35 years of experience. He started his professional career at the Long Island Journal newspapers based in Long Beach, N.Y., working his way up from reporter to Assistant Managing Editor. Siegel also worked for Prentice-Hall in Paramus, N.J., covering human resources issues. Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.
-
In his first press conference as chair following a Federal Open Market Committee Jerome Powell stressed that “one decision” was made at the meeting: raising rates 25 basis points to a 1.5% to 1.75% target range.
By Gary SiegelMarch 21 -
The Federal Open Market Committee raised the federal funds rate target to a 1.50% to 1.75% range, as expected, while the Summary of Economic Projections still calls for three hikes this year.
By Gary SiegelMarch 21 -
Existing home sales rose in February as sales gain in the West and South offset decreases in the Northeast and Midwest.
By Gary SiegelMarch 21 -
The U.S. current account deficit rose to $128.2 billion in the fourth quarter of 2017.
By Gary SiegelMarch 21 -
The indexes for prices paid and prices received rose in March.
By Gary SiegelMarch 20 -
The municipal bond market will focus more on the Summary of Economic Projections and the press conference, with a rate hike assumed.
By Gary SiegelMarch 19 -
The University of Michigan's preliminary March consumer sentiment index reading was 102.0, compared to the final February 99.7 and the preliminary February 99.9, according to market sources.
By Gary SiegelMarch 16 -
Industrial production grew 1.1% in February, the Federal Reserve reported Friday.
By Gary SiegelMarch 16 -
Prices received increased in March, to a level not seen in six years, while wage growth was steady.
By Gary SiegelMarch 16 -
Builders’ confidence in the market for new single-family homes remained high in March
By Gary SiegelMarch 15 -
Manufacturers report continued growth in March, but this month's Federal Reserve Bank of Philadelphia Report on Business also showed signs of cost pressures.
By Gary SiegelMarch 15 -
Firms are paying more for supplies, but aren’t really passing those increases on to consumers, the Empire State Manufacturing Survey suggested.
By Gary SiegelMarch 15 -
Optimism has allowed small businesses to raise spending and wages and hire more workers, survey says.
By Gary SiegelMarch 13 -
The federal government ran a $215.2 billion deficit in February, the Treasury Department reported Monday.
By Gary SiegelMarch 12 -
Consumers’ inflation expectations crept higher, but respondents are wary about government debt levels.
By Gary SiegelMarch 12 -
The Conference Board's Employment Trends Index (ETI) rose to 107.74 in February from a downwardly revised 106.50 in January.
By Gary SiegelMarch 12 -
Unless events change the economy, the Federal Open Market Committee will likely need four 25 basis point rate hikes this year, Federal Reserve Bank of Boston President Eric Rosengren said Friday.
By Gary SiegelMarch 9 -
Consumer credit increased by $19.9 billion in January to $3.855 trillion, the Federal Reserve reported Wednesday.
By Gary SiegelMarch 7 -
About 4,717,600 online job postings appeared on leading internet job boards in February, a decrease of 185,700 from January, the Conference Board reported Wednesday.
By Gary SiegelMarch 7 -
Private-sector employment increased by 235,000 in February, on a seasonally adjusted basis, ADP estimated Wednesday.
By Gary SiegelMarch 7



















