WASHINGTON Cheap Men's Women's Off-White x Nike Vapormax Black White , 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 Cheap Nike Shox R4 , 67, 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 Cheap Nike Shox NZ , 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, 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 Cheap Nike Shox ," 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, 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 Cheap Air Max 97 Summit White , 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."

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AMMAN, May 3 (Xinhua) -- HRH Prince Ali Cheap Air Max 97 Undefeated , FIFA vice president representing Asia and chairman of the Asian Football Development Project, said Sunday he was running for FIFA presidency to defend FIFA's reputation.


The globally-renowned sports of footballs could have been better if there is the right persons heading FIFA, said the Prince at the opening of the 2015 Soccerex Asian Forum.


The prince, who is also head of the Jordan Football Association, said his first motive to run for the FIFA presidency was to make the desired change.


""FIFA was not working properly. There were many reports that were not published as well as many recommendations that were not discussed and were shelved. This harms the reputation of FIFA Cheap Air Max 97 Womens , therefore, there is a need for change,"" the Prince said.


Prince Ali is one of three candidates challenging incumbent FIFA President Sepp Blatter who is seeking re-election for a fifth four-year term. Elections are slated for May 29th.


The Prince, who said will visit many football union across the world, said if elected he will develop a clear strategy to improve football.


The 2015 Soccerex Asian Forum at the Dead Sea brings together international football leaders Cheap Air Max 97 Mens , figures, clubs and federations for a two-day convention starting on Sunday.


The two-day 2015 Soccerex Asian Forum provides a platform for networking and knowledge exchange between East and West.


Legendary Argentine footballer Diego Maradona will close the forum with a rare personal insight into his amazing career, including winning the FIFA World Cup with Argentina and the ""Hand of God"" goal against England in 1986. He will also be sharing his Asian coaching experience from the time he spent as manager of the Dubai based Al Wasl FC.


Over 850 delegates are expected to take part in the forum.

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