WASHINGTON
nike air force 1 cheap , 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
adidas nmd chukka for sale , 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
adidas nmd human race for sale , 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
adidas nmd r2 womens for sale , 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."
BEIJING
adidas nmd city sock black for sale , Jan. 28 (Xinhua) -- The Shakespeare Lives program, sponsored by the British Council and the GREAT Britain campaign, was launched in Beijing on Thursday.
The global program celebrates the life and work of William Shakespeare and his influence on culture, education and society on the 400th anniversary of his death
The Chinese program will feature brand new productions of The Bard's plays, as well as film, music
adidas nmd xr1 primeknit white , public talks as well as educational and online activities.
Shakespeare Lives will spark cultural, educational and economic exchange between Britain and China, British Ambassador to China Barbara Woodward said at the launch ceremony.
"[The program] is developing educational links between the UK and China, sharing the best of UK education and inspiring Chinese students to study in the UK, particularly subjects such as English literature, theater
adidas nmd high tops womens , performing arts, and film," said Woodward.
The Royal Shakespeare Company and Shakespeare's Globe will bring "Henry IV," "Henry V" and "The Merchant of Venice" to Chinese theaters.
The Shakespeare Lives program will also stimulate deeper collaboration between creative talent in both countries.
The Gecko Theater and Shanghai Dramatic Arts Center will premiere a new work in Shanghai in October, linking legendary Chinese playwright Tang Xianzu's "Dream Plays" with "A Midsummer Night's Dream."
To commemorate the anniversary of Shakespeare's death, a Chinese musical entitled "With Love
nike air force 1 mid womens white , William Shakespeare" was staged in Beijing in January.
The adaptation draws inspiration from many of Shakespeare's classics, including "Romeo and Juliet," "Twelfth Night," "The Taming of the Shrew" and "A Midsummer Night's Dream," within the context of modern China.
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Sea of clouds over meadows in NW China's Shaanxi
SOFIA, May 24 (Xinhua) -- The Day of Bulgarian Enlightenment and Culture and of Slavonic Alphabet was widely celebrated across the Balkan country and abroad by the way of processions
nike air force 1 mid womens black , rallies, concerts, exhibitions and receptions on Sunday.
Traditionally, the key event in Bulgaria was held in front of the National Library in Sofia, at the monument of the brothers Cyril and Methodius who in 855 invented the first alphabet for Slavic languages.
The chorus of the National Music School sang the hymn of Bulgarian enlightenment, the Guard Brass Band played the national anthem
nike air force 1 mid womens , two children recited the poem "I am a Bulgarian child", and many wreaths and flowers were laid by thousands of people including the country's President Rosen Plevneliev.
Addressing the ceremony, Plevneliev said May 24 is a Day of Bulgarian identity.
For centuries, each Bulgarian success has b.
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