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China's Fan Zhendong on Saturday clinched the gold medal

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China's Fan Zhendong on Saturday clinched the gold medal

Nieprzeczytany postautor: reba521 » 18 wrz 2018, 04:28

WASHINGTON slip on vans homme , Feb. 24 (Xinhua) -- A modification of the U.S. Federal Reserve's forward guidance on interest rate does not indicate a set timetable for the central bank to begin the rate hikes, the U.S. Federal Reserve chair Janet Yellen said in her semiannual monetary policy report to the Congress.


In prepared remarks to the Senate Banking Committee, Yellen repeated that the Fed's pledge to be patient in beginning to raise interest rate means an increase is unlikely for "at least the next couple" of the Fed's policy meetings. The central bank adopted the guidance in December and repeated it in January.


The chair described how the Fed's monetary policy committee will likely proceed in coming months. The Fed will likely first change its forward guidance by dropping the "patient" language if the economic conditions continue to improve.


Yellen stressed that a modification of the forward guidance will not indicate the central bank will raise interest rate in a couple of meetings. "Instead the modification should be understood as reflecting the Federal Open Market Committee's (FOMC) judgment that conditions have improved to the point where it will soon be the case that a change in the target range could be warranted at any meeting," said Yellen. It means the central bank will have the leeway to raise the interest rate at any time it judges the economic data warrant it.


According to its recent policy meeting minutes, Fed officials have expressed the concern that removing the "patient" language might trigger market expectations that the Fed will raise rates in an "unduly narrow range of dates" vans slip on cuir , and then lead to market overreaction and result in undesirably tight financial conditions.


Yellen's remarks on Tuesday tend to assure the market the Fed will be flexible in rate hikes after "patient vow" changes.


"If economic conditions continue to improve, as the FMOC anticipates, the committee will at some point begin considering an increase in the target range for the federal funds rate on a meeting-by-meeting basis," Yellen said.


In the question and answer session, some senators expressed the concern that the time for normalization is well overdue. In response to the concern vans toy story femme , Yellen said "because an environment of very low inflation ... makes it difficult for monetary policy to respond to adverse shocks, we decided that, in order to avoid damaging episodes of deflation, it's wise to have a small buffer that gives greater room for monetary policy to operate."


The Fed chair underscored there has been overall improvement in the U.S. economy and its outlook, as well as important progress toward the Fed's objectives of maximum employment. Despite the improvement vans sk8 hi blanche , too many Americans remain unemployed or underemployed, wage growth is still sluggish and inflation remains well below the Fed's longer-run 2 percent objective, said Yellen.


However, she repeated that the recent drop in inflation was mainly due to oil price drop, and that the FOMC is reasonably confident that inflation will move back over the medium term toward the objective vans sk8 hi platform noir , as the labor market conditions continue to improve further.


In her testimony, Yellen also expressed her concern that slowing foreign economies, such as in China and euro area, could pose risks to the outlook for the U.S. economic growth.


Analysts said the testimony did little to nail down the likely date of a rate hike, as her testimony and answers to questions shifted between confidence in a solid recovery and concerns about weak wages and signs the labor market is not fully healed.


In regard to some senators' proposal to subject the Fed's monetary policy decisions to investigations by the Government Accountability Office vans sk8 hi noir , Yellen said that "I want to be completely clear that I strongly oppose Audit the Fed." She argued that " Audit the Fed" is a bill that would politicize monetary policy and would bring short-term political pressures to bear on the Fed.


THE HAGUE, Oct. 4 (Xinhua) -- The Russian women captured the European volleyball title after edging hosts the Netherlands 3-0 (25-14, 25-20, 25-20) in the final on Sunday in front of 11,000 spectators in Rotterdam.


In a packed Ahoy arena the home crowd hoped for a repeat of the convincing 3-0 victory over Turkey in the semifinals on Saturday vans old skool homme soldes , but the Russian women, who had beaten Serbia 3-1 in the semis, were of different class.


Although the Netherlands opened the score in the final match and even took a lead of three points (3-6), the impressive offensive power and the efficient blocking of the Russian team turned the match around quickly.


Russia claimed their second consecutive continental title and their 19th European crown in total, of which thirteen titles under the flag of the Soviet Union.


For the third time the Dutch women had to settle for the second place at the European championships vans old skool bordeaux , after their final defeats in 1991 and 2009. Only in 1995 the Netherlands was able to capture the title, as hosts.


BANGKOK, Oct. 3 (Xinhua) -- China's Fan Zhendong on Saturday clinched the gold medal in men's singles at the 22th Asian Table Tennis Championships (ATTC) in Pattaya, Thailand.


Fan beat his teammate Xu Xin 4:3 to win the sixth gold for the Chinese team and the fourth for himself at the ATTC that concluded on Saturday.


China also pocketed gold in men's team, women's team vans old skool bordeaux suede , mixed doubles, men's doubles and women's singles.


"Of course I'm very excited to win four medals here at the Asian Championships, especially in the men's singles. I have lost to Xu Xin several times after playing full seven-games matches in international tournaments, so I had a lot of desire to win this match against him," Fan said after the final.


"Playing in four events has been a great challenge for myself. It has been tiring vans old skool femme pas cher , but also very rewarding," he said.


It was definitely an exciting match, also difficult mentally. Wholesale Hoodie Wholesale NHL Hats Wholesale Collge Jerseys Wholesale Nike NBA T-Shirts Wholesale MLB Hoodie Wholesale NHL Hoodie Wholesale Nike NFL Hoodie Wholesale Hats Cheap NBA Hats Cheap Jerseys From China
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