Quotations
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Lyle Gramley Quotes
«I don't think he'll let himself be dragged into that kind response to both sides of political fence.»
Author: Lyle Gramley
«The apparent bubbling up of inflation we saw earlier in the year has quieted down again. Basically it's a picture of inflation staying reasonably tranquil. The Fed should like that.»
Author: Lyle Gramley
«The markets are helping the Fed accomplish what it's seeking, to slow down the economy a bit, take some of the froth off,»
Author: Lyle Gramley
«I think the Fed opened the door for a half-percentage-point increase in August, if it's needed,»
Author: Lyle Gramley
«I don't think the evidence that small businesses are affected adversely is terribly compelling, ... I think tax cuts had a useful role in getting the economy going again, but we probably could have accomplished much of that with a narrower, more focused tax cut.»
Author: Lyle Gramley
«It doesn't seem to me at all appropriate for a secretary of the Treasury to make such comments in any event,»
Author: Lyle Gramley
«The bottom line is that their principal concern is that inflation might go lower, so we'll get the same kind of statement we got last time.»
Author: Lyle Gramley
«This time, we're starting with an inflation rate that's too low and heading lower, ... What that means is the Fed will sit still until such time as it sees inflation start turning up -- which might not happen until late 2004 or early 2005.»
Author: Lyle Gramley
«I would interpret higher stock prices in two ways, ... It's an indication of improving confidence in the economy's recovery, and it increases the confidence and wealth of consumers, adding to consumer spending.»
Author: Lyle Gramley
«This is an economy that's been struggling to keep its head above water for some time, so this kind of a rise in long-term interest rates is not welcome at this point,»
Author: Lyle Gramley