WASHINGTON [url=http://www.scarpecortez.it/nike-cortez-rosa-saldi.html]nike cortez rosa[/url] , 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 [url=http://www.scarpecortez.it/nike-cortez-bianche-saldi.html]nike cortez bianche uomo[/url] , 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 [url=http://www.scarpecortez.it/nike-cortez-bianche-saldi.html]nike cortez bianche e nere[/url] , 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 [url=http://www.scarpecortez.it/nike-cortez-bianche-saldi.html]nike cortez bianche[/url] , 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."
VENICE [url=http://www.scarpecortez.it/nike-cortez-blu-saldi.html]nike cortez blu e gialle[/url] , Italy, Sept. 6 (Xinhua) -- A Swedish film won the Golden Lion for Best Film, the highest prize awarded at the 71st Venice film festival which ended here on Saturday.
En duva satt pa en gren och funderade pa tillvaron (A Pigeon Sat on a Branch Reflecting on Existence) by Swedish director Roy Andersson is the story of two traveling salesmen who, like modern times' Don Quixote and Sancho Panza, take the audience on a wandering through human destinies.
The Silver Lion for Best Director went to Russian director Andrei Konchalovsky for his The Postman's White Nights, which focuses on the lives of the inhabitants of a remote Russian village.
American actor Adam Driver [url=http://www.scarpecortez.it/nike-cortez-blu-saldi.html]nike cortez blu uomo[/url] , the male protagonist of Hungry Hearts, a film by Italian director Saverio Costanzo that reflects the obsessive fears of the present society, won the Coppa Volpi award for Best Actor.
The Coppa Volpi award for Best Actress was given to the female protagonist of the same film, Italian actress Alba Rohrwacher.
The Grand Jury Prize went to The Look of Silence by American director Joshua Oppenheimer, a documentary filming perpetrators of the Indonesian genocide.
Twenty titles, of which 19 world premieres and one international premiere [url=http://www.scarpecortez.it/nike-cortez-blu-saldi.html]nike cortez blu[/url] , competed for the Golden Lion. The motley jury included the jury president French musician Alexandre Desplat, famous for the soundtracks of important movies, and English costume designer Sandy Powell.
Chinese American actress Joan Chen, Jhumpa Lahiri, an American author of Indian origin, and English actor Tim Roth were also in the nine-member group along with jury members from other countries and regions of the world including Germany [url=http://www.scarpecortez.it/nike-cortez-nere-saldi.html]nike cortez nere pelle[/url] , Italy and the Palestinian territory.
The Orizzonti selection, an international competition dedicated to films that represent the latest aesthetic and expressive trends in international cinema, gave its Award for Best Film to Court by Indian director Chaitanya Tamhane. The film is the tale of an old storyteller indicted of instigation to suicide.
Jordanian director Naji Abu Nowar won the Orizzonti Award for Best Director for his Theeb, the story of a young boy who lives with his Bedouin tribe in a forgotten corner of the Ottoman Empire.
A total of 56 films were screened this year in the official selection at the world's oldest film festival, which ran from Aug. 27 to Sept. 6 on the Lido seafront in the Italian iconic water city.
LONDON, Aug. 27 (Xinhua) -- A world-record price has been paid for a young cow [url=http://www.scarpecortez.it/nike-cortez-nere-saldi.html]nike cortez nere uomo[/url] , not yet two years old, at a cattle auction in the northern England border town of Carlisle.
A 1,000-strong crowd, watching the auction, gasped in astonishment as a bidding war was played out before them.
In the ring was a young heifer belonging to a breeder from just across the nearby Scottish border.
The auctioneer’s hammer crashed through the ‘100,000 Guineas’ mark [url=http://www.scarpecortez.it/nike-cortez-nere-saldi.html]nike cortez nere[/url] , eventually at 131,250 pounds, with the cow sold to a buyer from England’s south coast area of Devon.
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