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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Although a new administration means policy uncertainty, most analysts see the economy growing above trend next year, although inflation will remain a concern.
By Gary SiegelJanuary 2 -
Analysts are unsure what the Federal Open Market Committee will do with monetary policy in 2025. The panel projects two rate cuts, but some analysts expect more, and others see fewer.
By Gary SiegelDecember 26 -
The Federal Open Market Committee's Summary of Economic Projections probably won't offer the 130 basis points of cuts next year that the market expects.
By Gary SiegelDecember 12 -
Analysts look at whether the FOMC will bring the last rate hike in the cycle, whether recession is coming, and whether the Fed is making a policy mistake.
By Gary SiegelJuly 24 -
The Federal Open Market Committee lowered the fed funds rate target to between zero and ¼% in an emergency meeting on Sunday, but while analysts say the move was needed, they feel it will take more to offset the effects of COVID-19.
By Gary SiegelMarch 16 -
The Federal Open Market Committee cut the fed funds rate target 50 basis points to a range between 1% and 1.25%, it announced Tuesday.
By Gary SiegelMarch 3 -
Policymakers may not wait until their mid-month meeting and could act with other central banks.
By Gary SiegelMarch 2 -
The Federal Reserve is monitoring the COVID-19 issue and its economic effects, according to a release from the central bank, attributed to Chairman Jerome Powell, released Friday.
By Gary SiegelFebruary 28 -
Interest rates are nearing the neutral level — the rate that neither stimulates nor restrains economic growth — Federal Reserve Board Chair Jerome Powell said Wednesday.
By Gary SiegelNovember 28 -
Pending home sales decreased 0.8% to an index reading of 108.5 in May, after a downwardly revised 1.7% slide to 109.4 in April, according to a report released Wednesday by the National Association of Realtors.
By Gary SiegelJune 28