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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A modernized version of the Taylor rule suggests keeping the fed funds rate target near current levels through 2021, Federal Reserve Bank of St. Louis President James Bullard said Thursday.
October 18 -
Manufacturers report expansion at a slightly slower rate in October, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported price indexes were “lower than their readings for most of this year.”
October 18 -
Labor market “activity declined and momentum remained high in September.”
October 17 -
Builders’ confidence in the market for new single-family homes climbed in October.
October 16 -
Industrial production grew 0.3% in September, the Federal Reserve reported Tuesday.
October 16 -
New York service sector activity “grew modestly” in October.
October 16 -
The federal government ran a $119.1 billion surplus in September, the Treasury Department reported Thursday.
October 15 -
A flattening yield curve increases the risk of a recession, and research by the Federal Reserve Bank of San Francisco suggests a one-in-three chance the yield curve inverts by yearend.
October 15 -
Selling prices remained elevated, while business activity expanded at a faster pace in October.
October 15 -
The University of Michigan's preliminary October consumer sentiment index reading was 99.0, compared to the final September 100.1.
October 12 -
With upside and downside risks balanced, Federal Reserve Bank of Kansas City President Esther George said Thursday, gradual rate hikes remain appropriate.
October 11 -
Consumers’ inflation expectations held, but respondents’ optimism about wages surged.
October 9 -
The Conference Board's Employment Trends Index (ETI) slid to 110.77 in September from an upwardly revised 111.18 in August.
October 9 -
Small business optimism slipped a bit in September, but the National Federation of Independent Business' small business optimism index reading of 107.9 was the third highest in the survey's 45-year history.
October 9 -
Consumer credit increased by $20.1 billion in August to $3.935 trillion, the Federal Reserve reported Friday.
October 5 -
The Federal Reserve should continue to move to a neutral policy rate, Federal Reserve Bank of Atlanta President Raphael Bostic said, but said he may have underestimated demand.
October 5 -
Issuance was light as the municipal bond market got hammered by jumping Treasury yields.
October 4 -
Newly issued Treasury securities held in stripped form increased about $1.35 billion in September.
October 4 -
The U.S. services sector expanded at a faster pace in September as the non-manufacturing index rose to 61.6 from 58.5 in August.
October 3 -
Private-sector employment increased by 230,000 in September, on a seasonally adjusted basis, ADP estimated Wednesday.
October 3
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