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 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 -
With inflation below the Federal Reserve's 2% target, and employment near, but not quite at, it's long-term level, Federal Reserve Bank of Minneapolis President Neel Kashkari said Tuesday, he believes monetary policy is appropriate for now.
By Gary SiegelFebruary 7 -
Newly issued Treasury securities held in stripped form increased about $6.077 billion in January to a total of $239.943 billion, the Bureau of the Public Debt reported Monday.
By Gary SiegelFebruary 6 -
The Federal Reserve's Labor Market Conditions Index, a compilation of 19 labor market measures, rose 1.3 points in January from a revised 0.6-point gain in December, first reported as 0.3-point drop.
By Gary SiegelFebruary 6 -
The Conference Board's Employment Trends Index (ETI) grew to 130.04 in January from a downwardly revised 129.73 in December, and is up 2.4% from a year ago, the group announced Monday.
By Gary SiegelFebruary 6 -
"New York City purchasing managers maintained their optimism while adjusting to 'new' normal business conditions in January," as the current business conditions index decreased to 57.7 in December from 63.8 in December, the Institute for Supply Management-New York's Report on Business index, released Thursday, indicated.
By Gary SiegelFebruary 2 -
The Federal Open Market Committee held the fed funds rate target at 0.5% to 0.75% at its most recent meeting, which ended Wednesday.
By Gary SiegelFebruary 1 -
About 4,850,500 online job postings appeared on leading internet job boards in January, an increase of 49,000 from December, the Conference Board reported Wednesday.
By Gary SiegelFebruary 1 -
The overall economy grew for the ninety-second straight time, while the manufacturing sector expanded for the fifth consecutive month, the Institute for Supply Management reported Wednesday.
By Gary SiegelFebruary 1 -
Texas service sector activity "continued to reflect expansion in January albeit at a slower pace," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slid to 16.2 from 21.3.
By Gary SiegelJanuary 31 -
The consumer confidence index decreased to 111.8 in January from a revised 113.3 last month, The Conference Board reported Tuesday
By Gary SiegelJanuary 31
