Lyle Gramley Quotes

We still face a longer-range deficit problem and that will be exacerbated by increases in Medicare and Social Security payments... It would be helpful to bring our budget deficit down longer-term. I worry more about that than this temporary increase in the deficit.

- Lyle Gramley

Tags

Face | Longer | Range | Deficit | Problem |

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The Fed is looking at an economy right now that is growing strongly with upside risks to inflation. - Lyle Gramley

If housing weakens, home prices do too, and that could have a big effect on consumer spending. - Lyle Gramley

Greenspan is not a guy likely to brag much, but he'll indicate the economy is still in good condition, that much of the recent bubbling up in inflation is likely to prove transitory, and that fundamentals of the economy are still quite strong despite some of the recent data. - Lyle Gramley