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 modestly," according to the Federal Reserve Bank of New York's February Business Leaders Survey, released Thursday.
By Gary SiegelFebruary 16 -
The three interest rate hikes projected in the Federal Reserve Summary of Economic Projections is a starting point for this year if the economy grows as projected, Federal Reserve Bank of Boston President and CEO Eric S. Rosengren said Wednesday.
By Gary SiegelFebruary 15 -
Builders' confidence in the market for new single-family homes dipped as the National Association of Home Builders' housing market index fell to 65 in February from 67 in January.
By Gary SiegelFebruary 15 -
Industrial production was down 0.3% in January, the Federal Reserve reported Wednesday.
By Gary SiegelFebruary 15 -
The Empire State Manufacturing Survey showed "business activity expanded at a solid clip in New York State," the Federal Reserve Bank of New York reported Wednesday, as the general business conditions index increased to 18.7 in February from 6.5 in January.
By Gary SiegelFebruary 15 -
Refusing to be pinned down to whether rates will be increased at either the March or June Federal Open Market Committee meetings, Federal Reserve Board Chair Janet Yellen said, "Every meeting is live."
By Gary SiegelFebruary 14 -
The Federal Reserve is "very well aware" of the possibility of policy changes that could impact the economy, but will not move on "speculation."
By Gary SiegelFebruary 14 -
If the Fed followed the Taylor rule, unemployment would be higher and inflation lower, Federal Reserve Board Chair Janet Yellen said Tuesday.
By Gary SiegelFebruary 14 -
Federal Reserve Board Chair Janet Yellen reiterated she will complete her term as chair.
By Gary SiegelFebruary 14 -
The Fed funds rate target needs to be raised quicker than expected, Federal Reserve Bank of Richmond President Jeffrey Lacker said Tuesday.
By Gary SiegelFebruary 14 -
The Federal Reserve should raise rates "sooner rather than later" to insure that future removal of accommodation can be done gradually, with patience, according to Federal Reserve Bank of Dallas President Rob Kaplan.
By Gary SiegelFebruary 14 -
Consumer expectations on inflation grew "returning to levels last seen in the summer of 2015," according to the Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
By Gary SiegelFebruary 13 -
The federal government ran a $51.3 billion surplus in January, the Treasury Department reported Friday.
By Gary SiegelFebruary 10 -
The Fed is not behind the curve, Federal Reserve Bank of Cleveland President Loretta Mester said Friday.
By Gary SiegelFebruary 10 -
Daniel K. Tarullo will resign as a member of the Board of Governors of the Federal Reserve System, effective on or around April 5, the Fed announced Friday.
By Gary SiegelFebruary 10 -
The University of Michigan's preliminary February consumer sentiment index reading was 95.7, compared to the final January 98.5, and the preliminary January 98.1, according to market sources.
By Gary SiegelFebruary 10 -
The Federal Open Market Committee can gradually raise rates until reaching the neutral rate, currently 3%, Federal Reserve Bank of Chicago President Charles Evans said Thursday.
By Gary SiegelFebruary 9 -
The low-safe-real-rate environment will remain in 2017, the economy will not overheat and Trump administration policy will not affect rates this year, Federal Reserve Bank of St. Louis President James Bullard said Thursday.
By Gary SiegelFebruary 9 -
Labor market conditions were "little changed and momentum remained high in January," as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) climbed to 0.25 in January from a revised 0.24 in December, first reported as 0.23, according to the Bank.
By Gary SiegelFebruary 8 -
Consumer credit increased by $14.2 billion in December to $3.763 trillion, the Federal Reserve reported Tuesday.
By Gary SiegelFebruary 7
