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Lyle Elden Gramley (January 14, 1927 – March 22, 2015) was an American economist who served as a member of the
Federal Reserve Board of Governors The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the m ...
from 1980 to 1985. He previously served as a member of the Council of Economic Advisers from 1977 to 1980. Born in Aurora, Illinois, Gramley graduated from
Beloit College Beloit College is a private liberal arts college in Beloit, Wisconsin. Founded in 1846, when Wisconsin was still a territory, it is the state's oldest continuously operated college. It is a member of the Associated Colleges of the Midwest and h ...
in 1951. He was a member of the CEA during Carter administration until nominated to sit on the Fed Board as governor. After leaving the Fed, Gramley was a financial consultant for several corporations. He then earned his Ph.D. from
Indiana University Indiana University (IU) is a system of public universities in the U.S. state of Indiana. Campuses Indiana University has two core campuses, five regional campuses, and two regional centers under the administration of IUPUI. *Indiana Universi ...
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1927 births 2015 deaths Beloit College alumni Economists from Illinois Federal Reserve System governors Indiana University alumni People from Aurora, Illinois United States Council of Economic Advisers Carter administration personnel Reagan administration personnel Federal Reserve economists {{US-economist-stub