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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The Federal Reserve should let events play out before making any changes to monetary policy, Federal Reserve Bank of Dallas President Rob Kaplan wrote in an essay published Monday.
By Gary SiegelJune 24 -
Despite “solid” growth in gross domestic product in the past year, it will be difficult for GDP to rise more than 1.5% to 1.75% on a longer run basis.
By Gary SiegelJune 24 -
While leaders Powell and Clarida see a growing case for accommodation, Kashkari, Bullard say the need for a rate cut is already here.
By Gary SiegelJune 21 -
The markets are pricing in a 25 basis point Fed rate cut in July, as Thursday’s indicators showed continued manufacturing weakness.
By Gary SiegelJune 20 -
While the statement said the panel will “act as appropriate,” the dot plot showed as many expect a cut as foresee no change.
By Gary SiegelJune 19 -
While the markets are pricing in two or three interest rate cuts this year, doubters remain.
By Gary SiegelJune 18 -
The Federal Open Market Committee is meeting this week and the muni market is looking for rate cut signals.
By Chip BarnettJune 17 -
Business activity in New York contracted in June, as tariffs and a slight softening in the labor market took a toll on conditions.
By Gary SiegelJune 17 -
Consumers put a crimp in expectations for rate cuts this year.
By Gary SiegelJune 14 -
Further increases in weekly jobless claims would bolster the case for lower interest rates.
By Gary SiegelJune 13