And the economic staffs of the Reserve Banks and the individual members of the FOMC may or may not agree with elements of the Board staff’s forecast. Indeed, FOMC members sometimes couch the presentation of their economic views in terms of where those views coincide with and diverge from the Greenbook’s forecast.
The ARRC has provided these tools. Now it is up to you to begin using them. With only two and a half years of further guaranteed stability for LIBOR, the transition should begin happening in earnest.