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|WASHINGTON Adidas Originals Classic Superstar 2 Rojas Blancas Baratas , 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 Adidas Originals Superstar 2 Bling Blancas Doradas Baratas , 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 Originals Superstar 2 Negras Doradas Baratas , 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 Adidas Originals Superstar Pride Pack Blancas Negras Baratas , 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 Originals Superstar II Blancas Baratas , 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 Adidas Superstar Blancas Plata Baratas ," 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 Hombre Adidas Superstar Pharrell Supershell Negras Amarillo Baratas , 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 Adidas Mujer Superstar Slip On Rosa Blancas Baratas , 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."
BRUSSELS， Feb. 1 (Xinhua) -- The European Union (EU) foreign policy chief Federica Mogherini here on Wednesday decried the Israeli government's announcement to build an additional 3，000 housing units in the West Bank， warning the move marked "a very worrying trend."
"The announcement by the Israeli government ...marks a very worrying trend， posing a direct challenge to the prospects of a viable two-state solution， which is increasingly difficult，" Mogherini said in a statement.
"The European Union is strongly opposed to this policy and deeply regrets that Israel is proceeding with this， despite the continuous serious international concern and objections， which have been constantly raised at all levels，" she continued.
Slamming Israel's continued settlement expansion， Mogherini stressed that a negotiated two-state solution was the only way to "fulfil the legitimate aspirations of both parties and to achieve enduring peace."
Israel on Tuesday approved the construction of 3，000 housing units in West Bank settlements， amidst a series of settlement expansions in the wake of the inauguration of U.S. President Donald Trump.
According to a statement from Israeli Defense minister Avigdor Lieberman and Prime Minister Benjamin Netanyahu， the approval is "part of returning to normal life" in the West Bank， after some construction projects were put on hold during Barack Obama's administration.
Their statement was released hours before the expected eviction of the illegal Jewish outpost of Amona， east of Ramallah， and was widely viewed by local media as a mean to appease hardline settlers.
Last Tuesday， days after Trump was sworn into office， Lieberman and Netanyahu gave the green light to 2，500 other housing units.
The settlements are illegal under international law because they are built on lands seized by Israel in the 1967 Mideast War， where the Palestinians wish to form their future state.
NAKURU， Kenya， Jan. 17 (Xinhua) -- Adverse social attitudes， financial constraint and violence are hampering Kenyan women from seeking a political position in election， despite legislative designs to empower them， a woman right campaigner said.
Kenyans will be voting in August in a process that allows them to elect the president， governors， senators， members of Parliament， woman representatives and members of the county assembly.
The position of woman representative does not attract male contestants since it is specifically designed for women， while other seats are open for both genders.
Despite such designs， it remains a challenging process for the vying women， according to Angela Ngoizi， Programme Officer of the Women and Governance programme at the FIDA-Kenya， a federation of women lawyers.
The patriarchal system in Kenyan's societies is a challenge to women due to its creation of perception among the people that politics is a reserve for men.
"Most Kenyan societies are still struggling with the fact that women can be leaders in this day and age，" she told Xinhua in an interview， adding t.