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.
-
Implementing Dodd-Frank is “a formidable task” and despite all the work that’s been done, “there is still considerable work to do,” Federal Reserve Board Governor Daniel K. Tarullo testified to Congress Tuesday.
By Gary SiegelDecember 6 -
The Conference Board’s employment trends index grew to 103.70 in November from an upwardly revised 102.42 in October, originally reported as 101.92, and is up 6.4% from a year ago, the group announced Monday.
By Gary SiegelDecember 5 -
The U.S. services sector expanded at a slower pace in November as the non-manufacturing business activity composite index was 52.0 in the month, compared to 52.9 in October, on a seasonally adjusted basis, the Institute for Supply Management reported Monday.
By Gary SiegelDecember 5 -
The Federal Reserve can’t afford to be “excessively complacent” when the economy is sluggish, Federal Reserve Bank of Chicago president and chief executive officer Charles L. Evans said Monday.
By Gary SiegelDecember 5 -
Evans: Fed Can’t Be “Excessively Complacent” With Economy in “Dire” Straits The Federal Reserve can’t afford to be “excessively complacent” when the economy remains stuck in neutral, Federal Reserve Bank of Chicago President and Chief Executive Officer Charles L. Evans said Monday.
By Gary SiegelDecember 5 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.005% high rate, off from 0.030% the prior week, and the six-months incurred a 0.050% high rate, down from 0.070% the week before.
By Gary SiegelDecember 5 -
The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
By Gary SiegelDecember 5 -
The U.S. services sector expanded at a slower pace in November as the non-manufacturing business activity composite index was 52.0 in the month, compared to 52.9 in October, on a seasonally adjusted basis, the Institute for Supply Management reported Monday.
By Gary SiegelDecember 5 -
The Conference Board’s Employment Trends Index (ETI) grew to 103.70 in November from an upwardly revised 102.42 in October, originally reported as 101.92, and is up 6.4% from a year ago, the group announced Monday.
By Gary SiegelDecember 5 -
Gross domestic product growth will be below its historical average, rising 1.6% this year and 2.0%, while inflation, measured by the consumer price index, is seen dropping from 3.8% this year to 2.4% next year, according to a consensus economic outlook from the Federal Reserve Bank of Chicago’s Economic Outlook Symposium.
By Gary SiegelDecember 5 -
Inflationary pressures were unchanged in November, as the U.S. future inflation gauge held at 98.3, according to data released Friday morning by the Economic Cycle Research Institute.
By Gary SiegelDecember 2 -
With its moves to end the fiscal crisis, the Federal Reserve "embarked on a path that has blurred the distinction between monetary policy and fiscal policy," Charles Plosser, president and chief executive officer of the Federal Reserve Bank of Philadelphia, said Friday.
By Gary SiegelDecember 2 -
With its moves to end the fiscal crisis, the Federal Reserve “embarked on a path that has blurred the distinction between monetary policy and fiscal policy,” Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Friday.
By Gary SiegelDecember 2 -
U.S. inflationary pressures were unchanged in November, as the U.S. future inflation gauge held at 98.3 from a revised 98.3 in October, originally reported as 99.2, according to data released Friday morning by the Economic Cycle Research Institute.
By Gary SiegelDecember 2 -
The overall economy grew for the 30th straight time, while the manufacturing sector expanded for the 28th time, the Institute for Supply Management reported Thursday.
By Gary SiegelDecember 1 -
The Treasury Department said Thursday it will auction $29 billion 91-day bills and $27 billion 182-day discount bills Monday.
By Gary SiegelDecember 1 -
The overall economy grew for the thirtieth straight time, while the manufacturing sector expanded for the twenty-eighth time, the Institute for Supply Management reported Thursday.
By Gary SiegelDecember 1 -
About 3,857,200 online job postings appeared on leading Internet job boards in November, a decrease of 76,200 from October, the Conference Board reported Wednesday.
By Gary SiegelNovember 30 -
The seasonally adjusted Milwaukee Report on Business crept up to 56.7 in October from 55.5 in October, the Institute for Supply Management-Milwaukee said.
By Gary SiegelNovember 30 -
New York City business activity contracted in November, the third contraction in four months, as the current business conditions index improved to 47.2 in November from 44.0 in October, the Institute for Supply Management-New York's Report on Business current business conditions index indicated.
By Gary SiegelNovember 30