Fed's Bies - Gauging war impact may take some time

Fed board member Susan Bies said Monday 31 March that it was difficult to separate out the effect of war on the economy compared to other fundamental economic issues. It could take a few months for a clear picture to emerge as to what's happening to core economic activity in the US and around the world.

Source: Reuters

Federal Reserve Governor Susan Bies said on Monday it will take time for a clear picture to emerge of the economic impact of the Iraq war.

"The data that we have, it's really hard