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.
-
Wednesday's ADP employment number and the ISM's non-manufacturing index missed forecasts, raising the possibility a rate cut will be discussed if Friday's jobs report also disappoints.
December 4 -
The economy is in a different place than it was entering 2019, when the Federal Reserve was in a tightening cycle, yield curves were inverting, and the markets expected a recession.
December 3 -
The manufacturing sector and construction spending came in weaker than expected, though probably not bad enough for the Federal Reserve to care.
December 2 -
A smaller decline in business investment and continued consumer spending suggest the economy will continue to grow at a moderate pace.
November 27 -
Federal Reserve Board Gov. Lael Brainard presented her alternative to quantitative asset purchases.
November 26 -
Analysts are not convinced the Fed's mid-cycle adjustment will deliver the elusive soft landing.
November 25 -
Most observers were skeptical, even as markets rallied after President Trump said a trade deal with China is close.
November 22 -
In the late stages of the longest economic expansion since World War II, the current cycle is uncharted territory, according to a report from RBC Wealth Management.
November 21 -
Potential downside risks from “global developments” persuaded most members of the Federal Open Market Committee to vote to cut the benchmark rate in October, and then to hold it.
November 20 -
The minutes of the most recent Federal Open Market Committee meeting may offer perspective on the holding pattern for rates.
November 19 -
President Donald Trump invited Federal Reserve Board Chair Jerome Powell to meet at the White House with him and Treasury Secretary Steve Mnuchin, with few details released.
November 18 -
With the holiday shopping season near, Friday's retail sales numbers left it to interpretation whether consumers are ready to spend.
November 15 -
Fed Chair Jerome Powell doesn't see signs of recession in “the star economy,” while the St. Louis Fed's Bullard warns of a sharper-than-expected slowdown.
November 14 -
The most telling part of Fed Chair Jerome Powell's appearance before the Joint Economic Committee was when he refused to commit to the fed funds rate staying where it is for the next year.
November 13 -
With the fed funds rate target cut to a range of 1.50% to 1.75%, the Federal Reserve may not have enough firepower to respond to the next economic shock.
November 12 -
A phase-out of U.S.-China trade tariffs would keep the Federal Reserve on the sidelines.
November 7 -
Nonfarm productivity slipped, the Labor Department reported Wednesday, a day when comments from Fed presidents suggested cuts are done for now.
November 6 -
Voters were willing to spend, approving most of the largest bond issues before them.
November 6 -
Federal Reserve Bank of Richmond President Tom Barkin notes the bond market is signaling pessimism and asks whether rates negate that message.
November 5 -
Unless there’s a change in the economy, Federal Reserve Bank of Minnesota President Neel Kashkari expects the fed funds rate target will remain on hold “for a while.”
November 4
