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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Despite “solid” growth in gross domestic product in the past year, it will be difficult for GDP to rise more than 1.5% to 1.75% on a longer run basis.
June 24 -
While leaders Powell and Clarida see a growing case for accommodation, Kashkari, Bullard say the need for a rate cut is already here.
June 21 -
The markets are pricing in a 25 basis point Fed rate cut in July, as Thursday’s indicators showed continued manufacturing weakness.
June 20 -
While the statement said the panel will “act as appropriate,” the dot plot showed as many expect a cut as foresee no change.
June 19 -
While the markets are pricing in two or three interest rate cuts this year, doubters remain.
June 18 -
The Federal Open Market Committee is meeting this week and the muni market is looking for rate cut signals.
June 17 -
Business activity in New York contracted in June, as tariffs and a slight softening in the labor market took a toll on conditions.
June 17 -
Consumers put a crimp in expectations for rate cuts this year.
June 14 -
Further increases in weekly jobless claims would bolster the case for lower interest rates.
June 13 -
Next week's Summary of Economic Projections will be watched closely.
June 12
