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.
November 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.
November 16 -
The Federal Reserve announced it will review monetary policy strategies, tools, and communication practices next year.
November 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.
November 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.
November 15 -
Initial jobless claims rose 2,000 to 216,000 in the week ended November 10, the Labor Department said Thursday.
November 15 -
Manufacturers report expansion at a slower rate in November.
November 15 -
Prices paid remained elevated, employment levels rose and business activity expanded faster in November, according to the Empire State Manufacturing Survey.
November 15 -
The federal government ran a $100.5 billion deficit in October.
November 13 -
Consumers’ inflation expectations held, but respondents expect income and spending to rise.
November 13 -
Small business optimism slipped a bit in October, as the National Federation of Independent Business' Small Business Optimism index dipped to a reading of 107.4.
November 13 -
The University of Michigan's preliminary November consumer sentiment index reading was 98.3.
November 9 -
Republican gains in the Senate may alter the fate of at least one of President Trump’s nominees for the Federal Reserve.
November 7 -
California voters were rejecting an $8.877 billion water infrastructure and watershed conservation bond, but a majority of the $76 billion sought should pass.
November 7 -
Newly issued Treasury securities held in stripped form increased about $12.227 billion in October.
November 6 -
The Conference Board's Employment Trends Index (ETI) grew to 110.72 in October from a downwardly revised 110.39 in September.
November 5 -
The U.S. services sector expanded at a slower pace in October as the non-manufacturing index slid to 60.3 from 61.6 in September.
November 5 -
Unless risks materialize, Federal Reserve Bank of Boston President Eric Rosengren see rates being raised gradually until they are "mildly restrictive."
October 26 -
The University of Michigan's final October consumer sentiment index reading was 98.6, compared to the preliminary October 99.0.
October 26 -
Federal Reserve Bank of Minneapolis President Neel Kashkari thinks it would be wise for the Federal Open Market Committee to take a breather from rate hikes.
October 26
