Boston Fed Chief to Retire

Cathy Minehan, the president and chief executive of the Federal Reserve Bank of Boston, plans to retire from her position later this year.

She has led the Boston Fed since 1994 and has been associated with the U.S. central bank since 1968, when she joined the New York Fed.

"I am proud of my service at the Federal Reserve Bank of Boston, and earlier at the New York Fed," Minehan said in a statement Thursday. "I have been honored to be a part of its activities for virtually 40 years, and especially to have been the President of the Federal Reserve Bank of Boston." ...