Transcript: Commentary: Bush administration's decision to relocate Council of Economic Advisers considered a sign

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Commentary: Bush administration's decision to relocate Council of Economic Advisers considered a sign

Host: MELISSA BLOCK Time: 8:00-9:00 PM

MELISSA BLOCK, host:

Federal Reserve Chairman Alan Greenspan was on Capitol Hill today, and he said it's hard to tell what the economy is going to look like for the rest of the year. There are some good signs. Interest rates are low and productivity is on the rise. But, Greenspan said, there are negative factors as well, and the war in Iraq has made it hard to sort it all out.

Mr. ALAN GREENSPAN (Federal Reserve Chairman): We do not yet have sufficient information on economic activity following the end ...

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