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WASHINGTON air max 97 undefeated blanche , Feb. 11 (Xinhua) -- In her first testimony to the Congress, U.S. Federal Reserve Chair Janet Yellen reiterated central bank's plan to taper its stimulus exit despite recent weakness in the economy.
The current economic situation and outlook, as well as the monetary policy, were the main focus of the hearing held twice a year.
Yellen told lawmakers she expected "a great deal of continuity" in the central bank's monetary policy, saying that she served on the Fed policy-setting committee as the bank formulated its current policy strategy and she strongly supported that strategy.
Yellen nike air max 97 undefeated acheter , 67, took the oath of office to lead the Federal Reserve System on Feb. 3, succeeding Ben Bernanke, who stepped down after eight turbulent years. She was previously the Fed's vice Chair.
In the public debut in her new role, Yellen said while the economy gained steam at the end of 2013 http://www.airmax97pascher.fr/ , recovery in the U.S. labor market was "far from complete," underscoring the importance of considering more than just the unemployment rate when evaluating the conditions of the labor market.
Her point of keeping an eye on wider range of labor indicators is particularly important as the unemployment rate, now at 6.6 percent, is near the 6.5 percent threshold the Fed once identified as the level that would need to be reached before officials would consider a hike in the interest rates.
"If coming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and inflation moving back toward its long-run objective, the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings air max 97 acheter ," Yellen indicated steady pullback in Fed stimulus, referring to the Federal Open Market Committee, which sets monetary policy.
While admitting she was "surprised" by the two recent jobs reports that showed the pace of job creation running under what she had expected, Yellen cautioned against jumping to conclusions of the longer trend. She told the Congress that the Fed needs to see a "notable change" in the economic outlook to consider pausing its withdrawal of stimulus.
The Fed trimmed its monthly purchases of Treasury and mortgage- backed securities by a total of 10 billion dollars in both December and January, citing strengthening economy and continued improvement in the labor market.
The Fed policymakers have suggested they would continue to reduce the bond buying nike air max 97 pas cher , which now totals 65 billion dollars a month, at a similar pace at each Fed meeting and end it by the end of 2014, provided the economy develops generally in line with expectations.
Yellen also highlighted the Fed's financial regulatory role, saying that the work of making the financial system more robust " has not yet been completed."
NAIROBI, May 4 (Xinhua) -- A delegation of the International Association of Athletics Federation (IAAF) will next week visit Nairobi to inspect the facilities for the U-18 World Athletics Championships to be held in July.
The team from the IAAF headquarters in Monaco will consist of CEO Nike Air Presto Essential Noir Meilleur Prix , Olivier Gers and the Events and Competitions Director Paul Hardy, and will be the last group of delegates to inspect the facilities ahead of the event.
"The level of government support for the games is overwhelming. The authorities are fully supportive of the competition and are offering every support needed to stage successful last episode of the games," Local Organizing Committee (LOC) CEO Mwangi Muthee told Xinhua in Nairobi.
"I have been in sports for over 30 years and never before have I seen such level of commitment directed towards any sporting event taking place in Kenya," Muthee said.
The CEO said all civil works and equipping of the Athletes' Village at Kenyatta University, including a five-star kitchen is complete and ready for handover to the games organizers.
"We are negotiating with a five-star hotel to provide catering services to the athletes who will use the facility during the occasion because the caterers will be operating on familiar grounds owing to the awesome state of the kitchen Nike Air Presto High Ultra Flyknit Chaussures Blanche En ligne ," Muthee said.
According to Muthee, the Athletes Village will be able to host any function after the championship because of the fabulous workmanship that has been undertaken towards it that gave it major renewal.
The games will bring a shine on the faces of Kenyans, who he called upon to fully support the event and fill the stadium during the days of competition.
Event organisers expect about 155 countries and regions to attend the championship that is scheduled between July 12-16.
The IAAF had put in a lot of efforts in sending technical delegations to Nairobi to advise on the planning and preparation of the event.
Kenyan organizers have also refurbished the competition and warm-up venues at Kasarani Stadium, the venue of the event.
The IAAF has over 200 affiliate members, but the average attendance at the youth championships is between 130 to 155 countries and regions.
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WASHINGTON, Aug. 30 (Xinhua) -- U.S. President Donald Trump on Wednesday pushed Congress to pass a comprehensive measure to overhaul the tax code, but didn't offer specific plans.
"The foundation of our job-creation agenda is to fundamentally reform our tax code for the first time in more than 30 years," Trump said at an event in Springfield, the state of Missouri.
"I am fully committed to working with Con. |
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