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 Chicago Fed National Activity Index for January climbed to positive 0.28 from a revised negative 0.34 reading in December, while the three-month moving average (CFNAI-MA3) narrowed to negative 0.15 from a downwardly revised negative 0.30 in December, the Federal Reserve Bank of Chicago reported Monday.
February 22 -
The Federal Open Market Committee should be able to carry out its expectations for gradual increases in the fed funds target rate, Federal Reserve Bank of Cleveland President and Chief Executive Officer Loretta J. Mester said Friday.
February 19 -
With strong underlying economic growth, normalization can proceed at a gradual pace, Federal Reserve Bank of San Francisco President and CEO John C. Williams said Thursday.
February 18 -
The composite index of Leading Economic Indicators was down 0.2% in January following a 0.3% drop in December, first reported as a 0.2% decrease, the Conference Board reported Thursday.
February 18 -
The region's manufacturing sector contracted again in February, as the general business conditions index climbed to negative 2.8 from negative 3.5 in January, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.
February 18 -
Although uncertainty increased since their prior meeting, members of the Federal Open Market Committee decided at their January meeting that it was premature to change their outlook, according to minutes of the meeting, released Wednesday.
February 17 -
Industrial production gained 0.9% in January, the Federal Reserve reported Wednesday.
February 17 -
The New York region's service sector activity "declined," according to the Federal Reserve Bank of New York's February Business Leaders Survey, released Wednesday.
February 17 -
Federal Reserve Bank of St. Louis President James Bullard said he felt the proposed amendment to the Federal Open Market Committee's Statement of Longer-Run Goals was "insufficiently forward-looking and therefore potentially confusing," so he dissented.
February 16 -
Builders' confidence in the market for new single-family homes was lower as the National Association of Home Builders' housing market index declined to 58 in February from an upwardly revised 61 in January.
February 16 -
Saying conditions have made him "a bit more conservative" on monetary policy, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Patrick T. Harker said Tuesday he wants to see inflation rise before the Federal Open Market Committee raises rates again.
February 16 -
The Empire State Manufacturing Survey showed "business activity continued to decline for New York manufacturers," the Federal Reserve Bank of New York reported Friday, although the general business conditions index improved to negative 16.64 in February from negative 19.37 in January.
February 16 -
The University of Michigan's preliminary February consumer sentiment index reading was 90.7, compared to the final January 92.0, and the preliminary January 93.3, according to market sources.
February 12 -
Interest rates will rise to "more normal levels" only if it will help the Federal Reserve reach its objectives, 2% inflation and maximum employment, Federal Reserve Board Chair Janet Yellen told the Senate Banking Committee Thursday.
February 11 -
Consumers expect inflation to slow, according to the January Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
February 8 -
The Federal Reserve's Labor Market Conditions Index, a compilation of 19 labor market measures, declined to 0.4 in January from a revised 2.3 in December, first reported as 2.9.
February 8 -
The Conference Board's Employment Trends Index (ETI) climbed to 128.93 in January from a downwardly revised 128.71 in December, and is up 1.9% from a year ago, the group announced Monday.
February 8 -
U.S. inflationary pressures were up in January, as the U.S. future inflation gauge gained to 102.7 from an unrevised 102.3 reading in December, according to data released Friday morning by the Economic Cycle Research Institute.
February 5 -
About 5,496,500 online job postings appeared on leading internet job boards in January, an increase of 13,500 from December, the Conference Board reported Wednesday.
February 3 -
The U.S. services sector expanded at a slower pace in January as the non-manufacturing business activity composite index was 53.5 in the month, compared to 55.8 in December, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.
February 3
