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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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 -
Federal Reserve Bank of Philadelphia President Patrick Harker, said Friday he thinks the Fed should reassess its targets and may want to raise rates only twice this year.
January 5 -
The U.S. services sector expanded in December as the non-manufacturing business activity composite index was 55.9.
January 5 -
The November trade deficit widened to $50.5 billion from a revised $48.9 billion deficit in October.
January 5 -
By setting a target, central banks have been able to keep inflation low and stable, Federal Reserve Bank of St. Louis President and CEO James Bullard said Thursday.
January 4 -
The Treasury Department said it will auction $12 billion 29-year 10-month 2 3/4% bonds on Jan. 11.
January 4 -
Initial jobless claims rose to 250,000 in the week ended Dec. 30, the Labor Department said Thursday.
January 4 -
Private-sector employment increased by 250,000 in December, on a seasonally adjusted basis, ADP estimated Thursday.
January 4 -
About 4,930,700 online job postings appeared on leading internet job boards in December, an increase of 229,700 from November.
January 3 -
The overall economy grew for the 103rd straight time, the Institute for Supply Management reported Wednesday.
January 3 -
The New York economy ended 2017 with a level better than the average for the year, and the future expectations soared to levels not seen in more than a decade.
January 3 -
The seasonally adjusted Milwaukee Report on Business increased to 65.57 in December from 59.62 in November, the Institute for Supply Management-Milwaukee reported Friday.
December 29 -
The Midwest Economy Index reversed to positive 0.22 from a revised negative 0.11 in October, first reported negative 0.12, the Federal Reserve Bank of Chicago said Friday.
December 29 -
At least two economists have been interviewed for the position of Federal Reserve vice chair, last held by Stanley Fischer, who resigned earlier this year, according to reports.
December 28 -
The Chicago Business Barometer rose to 67.6 in December, its highest since March 2011.
December 28 -
Initial jobless claims remained at 245,000 in the week ended Dec. 23, the Labor Department said Thursday.
December 28
