WASHINGTON vans old skool noir femme , 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, 67 vans old skool noir , 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, 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 vans old skool gris et noir , 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," 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 vans old skool gris , 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, 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."
WASHINGTON vans old skool femme pas cher , Nov. 20 (Xinhua) -- The globally averaged temperatures for October as well as the January-to-October period were both the highest on record since record keeping began in 1880, the U.S. National Oceanic and Atmospheric Administration (NOAA) said Thursday.
"Five of the past six months have been record warm for their respective months; July was fourth warmest," the NOAA said in a monthly report. "2014 is currently on track to be the warmest year on record."
According to the U.S. agency, the combined average temperature over global land and ocean surfaces for October was 14.74 degrees Celsius, beating the previous record of 2003 by 0.01 degrees Celsius.
Warmer-than-average temperatures were evident over most of the global land surface, except for large parts of central Asia vans old skool pas cher , it said.
"Record warmth was notable across a large area of southern South America, the U.S. western coastal regions, Far East Russia, parts of southern and southeastern Asia, much of southern and western Australia, and parts of southern Europe chaussure vans soldes pas cher ," said the NOAA.
For the first 10 months, the combined global land and ocean average surface temperature was 14.78 degrees Celsius, surpassing the previous record set in 1998 and 2010 by 0.02 degrees Celsius.
PARIS, Nov. 22 (Xinhua) -- Ligue 1 club Lille on Wednesday temporarily suspended Argentine head coach Marcelo Bielsa following the team's poor performance this season.
"Lille has decided today to temporarily suspend Mr. Marcelo Bielsa from his coaching function in the context of a procedure initiated by the club," read a statement from the club on Wednesday evening.
Bielsa was hired before this season by Lille, who hoped to climb from its 11th finish last season chaussure vans pas cher , while slipping to the second-bottom position in Ligue 1 standings, as the team collected just three wins from 13 matches.
Bielsa, 62, made his return to the French top-flight league after two years. He quit the coaching job at Marseille in August, 2015.
BEIJING, Jan. 15 (Xinhua) -- Researchers have recently managed to detect the structuring of the universe via quasars for the first time vans classic slip on femme pas cher , according to the National Astronomical Observations (NAOC) of the Chinese Academy of Sciences Monday.
The work was conducted by the international group of eBOSS, the biggest ongoing spectroscopic survey in the world, which discovered redshift distortions signals when observing the spatial distribution of quasars that are 6.8 to 10.5 billion light years from earth.
Redshift distortion refers to a special three-dimensional cluster mode formed by stars under the effect of gravitational potential, and is considered one of the most important probes in researching gravitation on the cosmological level due to its direct correlation with gravitation.
The signals discovered this time were generated during the time when the universe was only one third or half the size of today, according to a report published by the eBOSS group on the finding.
The discovery is significant for future research in cutting.