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Lyle Gramley Quotes
«This report does not signal an acceleration in GDP growth, ... There are so many other things going on, including terrorism abroad, that I see no big burst of confidence emerging from this.»
Author: Lyle Gramley
«They won't be spooked by stronger growth or declining unemployment, and they won't be spooked by increases in crude-materials prices, ... They will wait until they see clear evidence that inflation is likely to turn up at the consumer level.»
Author: Lyle Gramley
«If one buys bonds now, one has to expect the possibility of a capital loss over the next six months, ... I don't worry about prices collapsing or spiking up, but 3.75 percent is an historically low [10-year note yield].»
Author: Lyle Gramley
«Not only is he as mentally acute as the average 77-year-old, he's as acute as the average 27-year-old. He has a phenomenal mind and very good judgment, ... People close to the decision-making at the Fed are almost unanimously in great praise of him, as I would be. I think it's a wonderful thing for the Fed and for the country that he's being kept on.»
Author: Lyle Gramley
«It's entirely possible you could repeal tax cuts without injuring the economy if you did it carefully, over a period of time, while offsetting it in part by increasing expenditures you knew were coming anyway or thought desirable, ... But you couldn't simply remove the tax cuts altogether right away and avoid significant negative effects to the economy.»
Author: Lyle Gramley
«The report, although on surface very weak, has within it other elements that suggest the economy is not falling apart, ... The odds are better than 50/50 that they will move up a quarter [on Tuesday], on the grounds that this slowdown is likely to be transitory.»
Author: Lyle Gramley
«If Greenspan could choose his successor, it would be Kohn,»
Author: Lyle Gramley
«I don't think we're going to get a yo-yo, ... We're going to get a first-rate chairman.»
Author: Lyle Gramley
«Don Kohn is one of the names Greenspan will whisper in the president's ear, ... People don't recognize how close Greenspan and Kohn are.»
Author: Lyle Gramley
«Don Kohn is one of the names Greenspan will whisper in the president's ear. People don't recognize how close Greenspan and Kohn are.»
Author: Lyle Gramley