It is going to be pretty difficult for the Congressional Budget Office to anticipate what interest rates may be a month from now, 2 months from now. We do not know what Mr. Greenspan is going to say. The Senator knows that.
Cord Byrd: “It is going to be pretty difficult for the Congressional Budget Office to anticipate what interest rates may be a month…”
Editor's note · Context
Discussing the unpredictability of future interest rates during a budget debate.
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