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.
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Federal Reserve Board Chairman Jerome Powell refused to comment on his views on the number of times the Federal Open Market Committee will raise rates this year, although he admitted his “outlook has strengthened since December.”
February 27 -
Texas service sector activity “continued to reflect expansion in February,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index increased to 13.2 from 12.8.
February 27 -
The consumer confidence index increased to 130.8 in February from a revised 124.3 last month, The Conference Board reported Tuesday.
February 27 -
Service sector companies “saw strong growth in February,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.
February 27 -
Manufacturing growth in the central Atlantic region was “robust” in February, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index soared to 28 from 14.
February 27 -
Texas factory activity, as measured by the production index, “expanded at a faster pace in February.”
February 26 -
The Chicago Fed National Activity Index for January decreased to 0.12 from a downwardly revised 0.14 in December.
February 26 -
Monetary policy targeting a federal funds rate between 1.25% and 1.5% is appropriate, Federal Reserve Bank of St. Louis President James Bullard said Monday.
February 26 -
With the Federal Reserve’s monetary policy report sticking to the policies professed in its latest post-meeting statement, markets will look to the question and answer sessions Federal Reserve Board Chair Jerome Powell will face from Congress next week.
February 23 -
Although large scale asset purchase programs may not be as effective as previously believed, Federal Reserve Bank of Boston President Eric Rosengren said Friday, “it is quite likely” that the programs will be needed in the future.
February 23
