WASHINGTON Homme Nike Shox Gravity Metallic Gold Grise 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, 67 Femme Nike Shox TLX Rose Noir Pas Cher , 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 Homme Nike Shox Avenue Tout Noir Pas Cher , 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 Homme Nike Shox TLX Blanche Noir Pas Cher , 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."
by Xinhua writers Wang Chenxi Homme Nike Shox Current Cuir Tout Noir Pas Cher , Ji Shaoting and Yu Fei
JIUQUAN, Gansu, Dec. 18 (Xinhua) -- In a crowd 1,500 meters from the launch pad, Liu Cixin watched the rocket rising into the sky, wondering how its payload will change astrophysics and humanity's future.
The Long March-2D carrier rocket carrying Wukong Femme Nike Shox OZ D Noir Rose Pas Cher , China's first dark matter probe satellite, blasted off at 8:12 a.m. Beijing time Thursday from the Jiuquan Satellite Launch Center in northwest China, starting its mission to explore the darkness of the universe.
Liu, author of the bestseller "The Three-Body Problem" and the first Chinese winner of best novel honor at the Hugo Awards for science fiction and fantasy, has imagined many deep space expeditions in his works. "Even in science fiction, the theme of dark matter is seldom touched Homme Nike Shox OZ D Noir Rouge Pas Cher ," he said.
Wukong was named after the Monkey King in the classic Chinese legend, "Journey to the West," following a global campaign organized by its developers National Space Science Center (NSSC) and Purple Mountain Observatory in Nanjing. The number of proposed names submitted from September 29 to October 31 reached 32,000, with almost 1,000 received every day.
Wukong is a household name in China. The Monkey King had supernatural powers and was responsible for protecting a pilgrim on a journey to retrieve the Buddhist sutras from India. Also Homme Nike Shox OZ D Noir Or Pas Cher , "wu" means comprehension or understanding and "kong" means space, so "Wukong" the satellite has a mission to "understand space," according to the NSSC.
At 1.5 meters long and wide and 1.2 meters high, the 1.9-tonne dark matter particle explorer (DAMPE) has been lifted into sun-synchronous orbit 500 kilometers above the ground, and will remain there for three to five years searching for evidence of the existence of dark matter.
Wukong's payload has four parts: a plastic scintillator array detector, a silicon array detector Homme Nike Shox OZ 801 Tout Noir Pas Cher , a BGO calorimeter, and a neutron detector. They will measure high-energy electrons and gamma rays in space, which will lead to possible traces of dark matter particles' annihilation or decay and help to reveal physical details and spacial distribution.
Like the Monkey King who can see through everything with his sharp eyes, the satellite has 10 times the energy observation spectrum of the Alpha Magnetic Spectrometer mounted in the International Space Station, and four times the energy resolution of other similar detectors. It is the most sensitive and accurate detector especially designed for dark matter.
Chang Jin, Wukong's chief scientist and vice director of the Purple Mountain Observatory Homme Nike Shox OZ D Grise Noir Pas Cher , said China's first space telescope could totally change the way we understand the universe, promising major breakthroughs in space science and an answer to a decades-old riddle for physicists and astronomers.
In the early 1930s, Swiss astrophysicist Fritz Zwicky found the mass we can see is not enough to hold the universe together. Without another kind of matter that we can't see, galaxies would have disappeared long ago. He coined the term "dark matter" to describe it.
In the 1970s, astronomic discoveries su.