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 be aggressive in acting to cut the jobless rate, Boston Federal Reserve president Eric Rosengren told educators Monday.
By Gary SiegelNovember 7 -
Consumer credit increased by $7.4 billion, or 3.6%, in September to $2.452 trillion, the Federal Reserve reported Monday.
By Gary SiegelNovember 7 -
A “less favorable” or “more uncertain” economic forecast meant fewer domestic banks eased lending standards in the third quarter than in previous quarters, according to the latest Federal Reserve Senior Loan Officer Opinion Survey on Bank Lending Practices.
By Gary SiegelNovember 7 -
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 0.010% the prior week, and the six-months incurred a 0.035% high rate, down from 0.055% the week before.
By Gary SiegelNovember 7 -
The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
By Gary SiegelNovember 7 -
The Conference Board’s Employment Trends Index (ETI) grew to 101.92 in October from an upwardly revised 101.20 in September, originally reported as 100.95, and is up 5.0% from a year ago, the group announced Monday.
By Gary SiegelNovember 7 -
The Federal Reserve should be aggressive in acting to cut the jobless rate, Boston Federal Reserve President Eric Rosengren Monday told educators.
By Gary SiegelNovember 7 -
Newly issued Treasury securities held in stripped form decreased $2.986 billion in October to a total of $197.168 billion, the Bureau of the Public Debt reported Friday.
By Gary SiegelNovember 4 -
U.S. inflationary pressures were lower in October, as the U.S. future inflation gauge dipped to 99.2 from a revised 99.7 in September, originally reported as 99.9, according to data released Friday by the Economic Cycle Research Institute.
By Gary SiegelNovember 4 -
Newly issued Treasury securities held in stripped form decreased about $2.986 billion in October to a total of $197.168 billion, the Bureau of the Public Debt reported Friday.
By Gary SiegelNovember 4 -
U.S. inflationary pressures were lower in October, as the U.S. future inflation gauge dipped to 99.2 from a revised 99.7 in September, originally reported as 99.9, according to data released Friday morning by the Economic Cycle Research Institute.
By Gary SiegelNovember 4 -
The European Central Bank announced that its Governing Council cut interest rates 25 basis points at its latest monetary policy meeting Thursday.
By Gary SiegelNovember 3 -
The U.S. services sector expanded at a slower pace in October as the non-manufacturing business activity composite index was 52.9, compared to 53.0 in September, on a seasonally adjusted basis, the Institute for Supply Management reported Thursday.
By Gary SiegelNovember 3 -
The Treasury Department said Thursday it will auction $29 billion 91-day bills and $27 billion 182-day discount bills Monday.
By Gary SiegelNovember 3 -
The U.S. services sector expanded at a slower pace in October as the non-manufacturing business activity composite index was 52.9 in the month, compared to 53.0 in September, on a seasonally adjusted basis, the Institute for Supply Management reported Thursday.
By Gary SiegelNovember 3 -
The European Central Bank announced its Governing Council cut interest rates 25 basis points at its latest monetary policy meeting Thursday.
By Gary SiegelNovember 3 -
The Treasury Department announced Wednesday it will raise $48.1 billion of new cash at its quarterly refunding by selling $72 billion of securities.
By Gary SiegelNovember 2 -
The Federal Reserve slashed its projection for gross domestic product, while raising its expectations for the unemployment rate, according to data released Wednesday.
By Gary SiegelNovember 2 -
The Treasury Department announced Wednesday it will raise $48.1 billion of new cash at its quarterly refunding by selling $72 billion of securities.
By Gary SiegelNovember 2 -
The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.005% high yield and a price of 99.999611.
By Gary SiegelNovember 1
