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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Federal Reserve Vice Chair Richard Clarida said the Fed needs to rely on data since rates are now in the “vicinity” of neutral.
By Gary SiegelNovember 16 -
New York service sector activity “expanded modestly” in November, according to the Federal Reserve Bank of New York's Business Leaders Survey, released Friday.
By Gary SiegelNovember 16 -
The Federal Reserve announced it will review monetary policy strategies, tools, and communication practices next year.
By Gary SiegelNovember 15 -
Monetary policy is near a neutral level, one that neither stimulates nor restricts economic growth, according to Federal Reserve Bank of Atlanta President Raphael Bostic, who noted that caution should be used going forward.
By Gary SiegelNovember 15 -
Business inventories were up 0.3% to $1.967 trillion in September, while sales were 0.4% higher at $1.468 trillion, the Commerce Department reported Thursday.
By Gary SiegelNovember 15 -
Initial jobless claims rose 2,000 to 216,000 in the week ended November 10, the Labor Department said Thursday.
By Gary SiegelNovember 15 -
Manufacturers report expansion at a slower rate in November.
By Gary SiegelNovember 15 -
Prices paid remained elevated, employment levels rose and business activity expanded faster in November, according to the Empire State Manufacturing Survey.
By Gary SiegelNovember 15 -
The federal government ran a $100.5 billion deficit in October.
By Gary SiegelNovember 13 -
Consumers’ inflation expectations held, but respondents expect income and spending to rise.
By Gary SiegelNovember 13