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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Existing home sales were down 1.2% to a seasonally adjusted 4.94 million-unit rate in January.
February 21 -
The composite of the Leading Economic Index was off 0.1% in January following a revised flat reading in December, the Conference Board said Thursday.
February 21 -
The Federal Reserve Bank of Philadelphia Report on Business general business conditions index dropped to negative 4.1 from positive 17.0.
February 21 -
Builders’ confidence in the market for new single-family homes grew as the National Association of Home Builders' housing market index climbed to 62 in February from 58 in January.
February 19 -
Mark Heppenstall, CIO at Penn Mutual Asset Management, discusses the Fed’s balance sheet normalization and whether its newfound patience can keep the economy growing. Gary Siegel hosts.
February 19 -
With monetary policy near the bottom of the range of Federal Open Market Committee estimates of its longer-run neutral rate, communications will need to change, Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday.
February 19 -
New York service sector activity “grew at a fairly solid clip” in February, according to the Federal Reserve Bank of New York's Business Leaders Survey, released Tuesday.
February 19 -
The federal government ran a $13.5 billion deficit in December, the Treasury Department reported Wednesday.
February 13 -
If the economy moves as expected, Federal Reserve Bank of Philadelphia President Patrick Harker expects one rate hike this year and one next year.
February 13 -
Labor market “activity declined modestly and momentum remained high in January,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) slid to 0.97 from 1.06 in December, the Bank said Wednesday.
February 13 -
With inflation expectations eclipsing economic slack in driving inflation, policymakers will need to keep expectations in line to avoid “large swings in inflation,” according to researchers at the Federal Reserve Bank of San Francisco.
February 11 -
Consumers’ inflation expectations held, while respondents showed more pessimism about the economy.
February 11 -
The Federal Open Market Committee needs to be careful because the market expects low inflation and the yield curve remains quite flat, Federal Reserve Bank of St. Louis President James Bullardsaid late Thursday.
February 8 -
Consumer credit increased by $16.6 billion in December to $4.010 trillion, the Federal Reserve reported Thursday.
February 7 -
Newly issued Treasury securities held in stripped form increased about $2.97 billion in January to a total of $301.182 billion.
February 6 -
Reserve balances still affect the fed funds rate, according to Federal Reserve Bank of Kansas City Senior Economist A. Lee Smith.
February 6 -
The U.S. international trade gap narrowed to $49.3 billion in November from $55.7 billion in October, the Commerce Department reported Wednesday.
February 6 -
The Federal Reserve can be patient and watch the economy without changing monetary policy for “the next several months,” according to Federal Reserve Bank of Dallas President Robert Kaplan.
February 5 -
The U.S. services sector expanded at a slower pace in January as the non-manufacturing index dropped to 56.7 from 58.0 in December.
February 5 -
Monetary policy is well positioned, Federal Reserve Bank of Cleveland President Loretta Mester said Monday evening.
February 5
