Lyle Gramley Quotes
I don't know what the bond market has been worried about. There's much talk about the possibility of inflation beginning to pick up. I don't see any signs of that at all apart from the rise in energy prices, which we all knew was going to take place. 
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Bond | Market | Worried | Talk | Possibility |
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The Fed will be content to sit on the sidelines to await more definitive evidence as to whether inflation is going to be a problem or not... Setting the election aside entirely, the Fed, looking at the incoming data, would say to itself 'right now we don't want to raise interest rates and we don't need to raise interest rates.'
- Lyle Gramley
