Boston Fed's Minehan urges vigilance on US economy

Cathy Minehan said in a speech on Monday 31 March that vigilance will be necessary following a raft of negative economic data. She also described the risks to the economy from war with Iraq as "considerable".

Source: Reuters

Boston Federal Reserve Bank President Cathy Minehan said on Monday a range of figures suggest the economy has softened in recent months and policymakers will need to be "especially vigilant."

In a speech that highlighted the latest batch of downbeat economic news, Minehan al