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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With the economy recovering, now is the time to reflect on monetary policy framework and strategy and seriously consider flexible price-level targeting, Federal Reserve Bank of San Francisco President John Williams said Friday.
May 5 -
While policy rules have their merits, policymakers should not apply them “mechanically,” and committees offer benefits rules can’t, Federal Reserve Vice Chair Stanley Fischer said Friday.
May 5 -
U.S. inflationary pressures were unchanged in April, according to data released Friday morning by the Economic Cycle Research Institute.
May 5 -
Newly issued Treasury securities held in stripped form increased about $2.145 billion in April to a total of $243.291 billion, the Bureau of the Public Debt reported Thursday.
May 4 -
The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.
May 4 -
The Federal Open Market Committee held rates at 0.75% to 1%, with no dissents, while offering no clues as to what the June meeting holds.
May 3 -
About 4,613,600 online job postings appeared on leading internet job boards in April, a decrease of 26,100 from March, the Conference Board reported Wednesday.
May 3 -
The U.S. services sector expanded in April as the non-manufacturing business activity composite index was 57.5 in the month, compared to 55.2 in March, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.
May 3 -
Private-sector employment increased by 177,000 in April, on a seasonally adjusted basis, ADP estimated Wednesday.
May 3 -
The Treasury Department Tuesday auctioned $55 billion of four-week bills at a 0.725% high yield, a price of 99.943611.
May 2 -
“New York City purchasing managers demonstrated a small but directional shift in perspective in April,” the Institute for Supply Management-New York’s Report on Business index, released Tuesday, indicated.
May 2 -
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.845% high rate, up from 0.820% the prior week, and the six-months incurred a 0.975% high rate, up from 0.955% the week before.
May 1 -
The Treasury Department said Monday it will sell $55 billion of four-week discount bills Tuesday.
May 1 -
The overall economy grew for the ninety-fifth straight time, the Institute for Supply Management reported Monday.
May 1 -
The University of Michigan's final April consumer sentiment index reading was 97.0, compared to the preliminary April 98.0, and the final March 96.9, according to market sources.
April 28 -
The Chicago Business Barometer rose to 58.3 in April from 57.7 in March.
April 28 -
The seasonally adjusted Milwaukee Report on Business declined to 57.87 in April from 61.77 in March, the Institute for Supply Management-Milwaukee reported Friday.
April 28 -
The Midwest Economy Index improved to 0.60 in March from 0.28 in February, the Federal Reserve Bank of Chicago said Friday.
April 28 -
The Treasury Department auctioned $28 billion of seven-year notes, with a 2% coupon and a 2.084% high yield, a price of 99.455647.
April 27 -
The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.
April 27
