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WASHINGTON Comprar Hombre Air Max 97 Oro Amarillo Negras , 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 Comprar Hombre Air Max 97 Premium Azul , 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 Comprar Hombre Air Max 97 Ultra Negras Blancas , 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 Comprar Hombre Air Max 97 Ultra Todos Negras , 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 morje t'aimeage- 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."
BEIJING， Dec. 13 (Xinhua) -- Following are the results of the Chinese Women's Basketball Association (WCBA) league on Tuesday (home teams in CAPS):
Shanghai bt HENAN 87-68
SHENYANG ARMY bt Shanxi 84-75
Beijing bt GUANGDONG 82-59
LIAONING bt Sichuan 78-66
Bayi bt HEILONGJIANG 67-63
Xinjiang bt SHANDONG 79-65
LONDON Comprar Hombre Air Max 97 Blancas Negras , Nov. 12 (Xinhua) -- Top seed Novak Djokovic is one match win away from becoming year-end world No. 1 after defeating third seed Stan Wawrinka in straight sets at the ATP World Tour Finals at the O2 Arena here on Wednesday.
Djokovic, the three-time titlist at the season finale, extended his indoor winning streak to 29 matches with a 6-3, 6-0 victory over Wawrinka, who defeated Djokovic en route to this year's Australian Open champion
"I definitely didn't expect it, but hoped that I can play this way again and the match result can go this way for me Comprar Hombre Air Max 97 Plata Gris Rojas ," said Djokovic. "Obviously Stan wasn't feeling his best today, made a lot of unforced errors and had a low percentage of first serves in. On my side, I just played very solid from all over the court. I think I covered the court very well, got a lot of balls back, mixed up the pace, got him off the comfort zone. That's something that was part of my game plan.
"After I lost the first two games Comprar Mujer Air Max 97 Shockproof Claro Rosa , obviously I didn't start so great. I thought he played very well the first two games. But, again, I wasn't frustrated. I kept my calm. After that, it was a really amazing performance."
Djokovic fought back from 0-2 down in the opening set by winning 20 of the next 23 points to take a 5-2 lead. Although he committed 14 unforced errors, five fewer than Wawrinka, his serve proved vital in the 41-minute first set. He went on to crush the Swiss in the second set Comprar Hombre Air Max 97 OG GS Todos Negras , making him win just seven points.
Djokovic will take on Tomas Berdych in the last Group match in a bid to qualify for the semifinals. He defeated the Czech 6-0, 6-2 in last month's China Open final.
Sixth seed Berdych, who lost to Wawrinka in his first match, improved his chances of reaching the last four by beating this year's US Open champion Marin Cilic, the eighth seed, 6-3 Comprar Hombre Air Max 97 Todos Negras , 6-1 in 75 minutes in the afternoon match. Cilic has already been eliminated with two defeats.
"I felt much better on the court," said Berdych. "But still it was not one of my best. That's fair to say. But I think that's the beauty of this event. One day you can be swept out from the court like I did and in two days' time you can come up and you can play a different tennis.
"There were no miracles in that time in between the matches. But I had a good practise session yesterday, good rest, refocused again, and went for another match. More importantly, stay confident with self belief Comprar Air Max 97 OG Undefeated Negras , really just keep on going, keep on pushing. You have to work hard for it."
RIYADH, Nov. 5 (Xinhua) -- Saudi Arabia has arrested 11 princesand 38 sitting and former ministers and deputy ministers overcorruption charges, Al Arabiya local news reported on Sunday.
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