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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This month's plunge in consumer confidence signals that the economy is losing steam.
By Gary SiegelSeptember 24 -
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The U.S. economy is growing slower than it has in the past couple of years, and conditions may get worse in the next few quarters, according to Federal Reserve Bank of St. Louis President James Bullard.
By Gary SiegelSeptember 23 -
The Federal Reserve took center stage again Friday, with two presidents explaining why they dissented at the latest meeting and Vice Chair Richard Clarida terming it “healthy” debate.
By Gary SiegelSeptember 20 -
Observers said the opponents of further rate cuts on the Fed tend to be the non-voters.
By Gary SiegelSeptember 19 -
The market got what it expected and can now shift attention to the week's remaining deals after Fed policy makers cut interest rates by a quarter point.
September 18 -
The FOMC voted to cut the target range 25 basis points to 1.75% to 2% as “uncertainties” offset prospects for “sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective.”
By Gary SiegelSeptember 18 -
A rate cut alone probably won't avert a recession. A rate cut combined with a ceasefire in the trade war might, according to one market strategist.
By Gary SiegelSeptember 17 -
Middle East unrest, oil price volatility and a Fed policy meeting all combine to weigh on this week’s $10B new-issue calendar.
By Chip BarnettSeptember 16 -
The Federal Open Market Committee meeting featuring the release of a new Summary of Economic Projections should give the market a better clue as to whether the expected rate cut is part of a mid-cycle adjustment or the second step in an easing cycle.
By Gary SiegelSeptember 16