Boston Fed's Minehan on the economic outlook

In a speech given on 5 January Cathy Minehan of the Federal Reserve Bank of Boston said the U.S. economy will likely pick up again this year while price pressures ebb, but inflation remains a challenge for policymakers.

"I expect U.S. economic growth to accelerate slightly this year, unemployment to remain low and price pressures to ease a bit," she told a business association conference.

"Inflation has been and remains a challenge, though recent data provide a bit of assurance that price

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