But there is no limit on how high the reset rate could be, and estimates of 20 percent or more have been made.
The Government said the economy grew at a 5.8 percent rate in the first quarter, up from an original estimate of 5.6 percent.
The growth rate was greater than the estimate of 3.1 percent issued last month.
He reduced the increase to 2.8 percent, from his most recent estimate of 4.6 percent.
That is down from an estimate of 28 percent on Oct. 1.
Revised data put it at 4.8 percent, up from an earlier estimate of 4.4 percent.
This was above earlier estimates of 4.1 percent and 5.1 percent.
Today's report represents a downward revision from an estimate last month of 11.5 percent.
Does he have names behind his estimate of 50 percent?
The 3.6 percent figure was a revision from an earlier estimate of 3.2 percent.