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 New York region's service sector activity "continued to grow at a healthy pace," according to the Federal Reserve Bank of New York's December Business Leaders Survey.
By Gary SiegelDecember 18 -
Concern that “persistent factors” rather than “transitory ones” could be keeping inflation low pushed Federal Reserve Bank of Chicago President Charles L. Evans to dissent on the Federal Open Market Committee vote on the federal funds rate Wednesday.
By Gary SiegelDecember 15 -
Industrial production grew 0.2% in November, the Federal Reserve reported Friday.
By Gary SiegelDecember 15 -
The Empire State Manufacturing Survey showed "business activity continued to grow at a solid clip in New York State."
By Gary SiegelDecember 15 -
A gradual path of rate increases is likely to remain warranted, Federal Reserve Board Chair Janet Yellen reiterated Wednesday, noting that she is “personally concerned” about U.S. debt level.
By Gary SiegelDecember 13 -
The Federal Open Market Committee raised the federal funds target rate 25 basis points to a range of 1.25% to 1.50%, the Fed announced Wednesday.
By Gary SiegelDecember 13 -
Consumer credit increased by $20.5 billion in October to $3.802 trillion, the Federal Reserve reported Thursday.
By Gary SiegelDecember 7 -
The Treasury Department said Thursday it will auction $45 billion 91-day bills and $39 billion 182-day discount bills Monday.
By Gary SiegelDecember 7 -
Newly issued Treasury securities held in stripped form decreased about $2.785 billion in November to a total of $260.584 billion.
By Gary SiegelDecember 6 -
About 4,700,900 online job postings appeared on leading internet job boards in November, an increase of 137,100 from October.
By Gary SiegelDecember 6