WASHINGTON puma fenty bow slide pas cher , 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 www.televete.com , 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 claquette puma fenty fourrure pas cher , 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 claquette puma fenty fourrure ," 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 claquette puma fenty 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."
Factories forced to halt production as PM2.5 reaches 250
Authorities in Beijing announced on Sunday that the city's air pollution alert has been upgraded from yellow to orange - the highest smog alert of the year - and industrial plants are required to reduce or shut down production.
According to the Beijing Municipal Environmental Monitoring Center, Sunday's daily pollution reading showed that the air was "very hazardously polluted" and that the concentration of airborne particles smaller than 2.5 microns in diameter - PM2.5 - reached 250 micrograms per cubic meter in six districts of Beijing.
High humidity claquette puma fenty , strong thermal inversion and low wind speed are among the disadvantageous meteorological conditions preventing pollutants' dispersion, the Beijing Municipal Environmental Protection Bureau explained on Sunday.
Hazardous air pollution conditions will last until Tuesday, when a cold front is due to arrive, according to the Beijing's environmental protection bureau.
Beijing issued a yellow alert on Friday, requiring industrial plants to reduce or shut down production and forcing building and demolition at construction sites to stop.
Under an orange alert like that issued Sunday Puma Creepers Velvet Bordeaux Rabais , apart from the suspension of production at industrial plants, construction sites are also required to halt the transportation of materials and waste, and heavy-duty trucks are banned from the roads.
According to the National Meteorological Center (NMC), several regions in North China - including the municipalities of Beijing and Tianjin as well as Hebei, Henan Puma Creepers Velvet Grise En ligne , Shandong, Shanxi and Shaanxi provinces - have been plagued by smog from Sunday to Monday.
The NMC announced the dispatch of inspection teams to several cities to reinforce violations checks, such as those involving discharge from coal-fired and industrial plants, outdoor barbecues and the burning of stubble fields.
The inspection groups will also supervise local governments' initiation of heavy pollution emergency plans and will inspect their efforts to battle air pollution, including the removal of heavily-polluting vehicles and dust pollution control at construction sites.
According to the NMC Femme Fenty Puma BOW Sneaker Rose Pas Cher , any entity that fails to make a full effort to implement air pollution control policies will be held accountable.
The NMC also warned the public to take protective measures when engaging in outdoor activities and advised those who suffer from respiratory diseases to stay indoors.
The heavy pollution has induced many residents to wear masks over the weekend, and Net users joked that residents in North China are "waiting for the wind" to bring back a clear sky.
China has a four-tier color-coded air pollution warning system, in which red represents the most severe pollution conditions, followed by orange, yellow and blue.
NAIROBI Femme Fenty Puma BOW Olive Verte Pas Cher , Dec. 17 (Xinhua) -- Kenyan President Uhuru Kenyatta on Sunday congratulated the national soccer team, Harambee Stars, for winning the 2017 CECAFA Senior Challenge Cup.
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