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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The Federal Reserve’s 2% inflation target has come under attack, with alternative frameworks and changes to the standard discussed.
January 23 -
Service sector companies “reported moderate growth in January,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.
January 23 -
Manufacturing growth in the central Atlantic region was “slower” in January, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index declined to 14 from 20.
January 23 -
The region's non-manufacturing sector “continued to expand.”
January 23 -
The Chicago Fed National Activity Index for December increased to 0.27 from a downwardly revised 0.11 in November.
January 22 -
The December Chicago Business Barometer was revised up to 67.8, but the downward revision to second quarter numbers pulled down the index for the year.
January 18 -
The region's manufacturing sector expanded in January, at a slower pace than in December.
January 18 -
Builders’ confidence in the market for new single-family homes slipped as the National Association of Home Builders' housing market index fell to 72.
January 17 -
Industrial production grew 0.9% in December, the Federal Reserve reported Wednesday.
January 17 -
The New York region's service sector activity "continued to grow at a solid pace," according to the January Business Leaders Survey.
January 17 -
Consumers’ inflation expectations gained, according to the October Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Tuesday.
January 16 -
The Empire State Manufacturing Survey showed "business activity continued to grow at a solid clip in New York State."
January 16 -
The gradual rate hikes will continue even as inflation remains below the Federal Reserve’s 2% target, Federal Reserve Bank of Boston President Eric Rosengren said Friday.
January 12 -
Although he continues to maintain that two rate hikes this year are appropriate, Federal Reserve Bank of Philadelphia President Patrick Harker said Friday he is closely monitoring the flattening yield curve.
January 12 -
The Federal Reserve will raise interest rates in March, followed by one or two more in 2018, former Fed Gov. Randall Kroszner predicted Thursday night.
January 12 -
Low interest rates may not be a “serious problem” and while tax reform will support near-term growth, it will add to the long-term burdens on the economy, Federal Reserve Bank of New York President William Dudley said Thursday.
January 11 -
The federal government ran a $23.2 billion deficit in December, the Treasury Department reported Thursday.
January 11 -
The annual revisions to the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey changed numbers for most months, but the pattern remained the same, the Bank said Thursday.
January 11 -
Newly issued Treasury securities held in stripped form increased about $1.518 billion in December to a total of $262.102 billion, the Bureau of the Public Debt reported Friday.
January 5 -
Low interest rates increase the chance of hitting zero lower bound rates, forcing the Federal Reserve to use nontraditional monetary policy tools, could extend recessions and hold down inflation, Federal Reserve Bank of Cleveland President Loretta Mester said Friday.
January 5
