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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Monetary policy remains accommodative and gradual rate increases are likely to be needed, Federal Reserve Vice Chair Richard Clarida said Thursday.
By Gary SiegelOctober 25 -
Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported slower growth in October, with tariffs causing supply issues.
By Gary SiegelOctober 25 -
Pending home sales climbed 0.5% to an index reading of 104.6 in September, after a revised 1.9% fall to 104.1 in August.
By Gary SiegelOctober 25 -
While the neutral rate has its limitations, its concept is useful, Federal Reserve Bank of Dallas President Robert Kaplan wrote in an essay released Wednesday.
By Gary SiegelOctober 24 -
The federal funds target should be raised to a neutral level, Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday.
By Gary SiegelOctober 23 -
Service sector “activity softened in October,” according to the Federal Reserve Bank of Richmond service-sector activity survey.
By Gary SiegelOctober 23 -
Manufacturing growth in the central Atlantic region “expanded moderately in October,” while prices accelerated.
By Gary SiegelOctober 23 -
The region's services sector expanded at a steady pace, as the general business conditions index grew to 37.6 in October from 37.4 in September,
By Gary SiegelOctober 23 -
The Chicago Fed National Activity Index for September declined to 0.17 from an upwardly revised 0.27 in August.
By Gary SiegelOctober 22 -
The Federal Open Market Committee should raise rates two, maybe three times to reach a neutral policy rate, Federal Reserve Bank of Dallas President Robert Kaplan said Friday.
By Gary SiegelOctober 19