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WASHINGTON Cheap New Soccer Jerseys , March 27 (Xinhua) -- The U.S. Federal Reserve Chair Janet Yellen said Friday that she expected an increase in the target range for the federal funds rate to be warranted later this year, and the pace for the rate hike would likely be gradual.

In a speech prepared for a research conference sponsored by the Federal Reserve Bank of San Francisco, Yellen said most of the Fed officials believed the appropriate time to begin the rate hike has not yet arrived, but they expected that conditions may warrant an increase sometime this year.

U.S. economy has recovered from the financial crisis at a slow pace, but there has been significant cumulative progress. The unemployment rate has fallen to 5.5 percent now from 10 percent at its peak; consumer spending remains robust thanks to strong labor market and low energy prices.

Yellen expected the real gross domestic product likely to expand faster than its potential in coming quarters Cheap Soccer Jerseys Free Shipping , thereby promoting further gains in employment and declines in the unemployment rate.

But the central banker also pointed out some headwinds for the economy. Involuntary part-time employment remains high; labor force participation is still lower than expected; wage growth continues to be subdued; dollar appreciation appears to be restraining net exports; low oil prices are prompting a cutback in driving activity; and the recovery in residential construction remains subdued.

Inflation, an indicator for Fed in deciding monetary policy, has been below the central bank's 2 percent target for years. The weakness in inflation likely reflects continuing slack in labor and product markets, as well as the sharp decline in energy prices.

With labor markets continuing to improve further, the inflation will gradually move up Cheap Soccer Jerseys Wholesale , Yellen said. According to the chairperson, Fed official anticipated that a rather gradual rise in the interest rate will be appropriate over the next few years, as the headwinds holding back growth are likely to continue to abate gradually.

Yellen also stressed the pace of rate hike will not follow a set schedule. Instead, the actual path of policy will evolve as economic conditions evolve and policy tightening could speed up, slow down Cheap Authentic Soccer Jerseys , pause or even reverse course depending on economic developments, she said.

The Fed signaled in its March statement that it was moving a step closer toward raising rates, though the central bank cut its economic outlook and slashed its estimate for the federal funds rate, in a sign that it was prepared to move more slowly than the market expected.

BEIJING, Sept. 23 (Xinhua) -- The zero-depth earthquake measuring 3.4 on the Richter scale that occurred Saturday in the Democratic People's Republic of Korea (DPRK) is not the result of a nuclear test Cheap Soccer Jerseys From China , the China Earthquake Networks Center (CENC) said.

The China Earthquake Administration, of which the CENC is a part, and related departments conducted studies on the infrasonic records of the earthquake and previous quakes including those provoked by nuclear tests on the Korean Peninsula. They concluded that Saturday's quake is a natural one, the seismic service said.

The epicenter was at 41.36 degrees north latitude and 129.06 degrees east latitude, according to the CENC.

The epicenter was roughly the same with a similar shallow earthquake on Sept. 3 Cheap Soccer Jerseys China , which turned out to be caused by a nuclear test by the DPRK.

Earlier, South Korea's weather agency said the quake is presumed to have been a natural one, the country's Yonhap news agency reported.

"The quake is presumed to have occurred naturally," the report quoted an agency official as saying. "A sound wave, which is usually generated in the event of an artificial earthquake Cheap Soccer Jerseys , was not detected."

Dutch official calls on more businesses to get on board China Railway Express to Europe

Interview: Aung San Suu Kyi stresses curbing violence without use of excessive force in Rakhine state

China's bike-sharing company ofo to increase bikes in London

In pics: harvest scenery across China

Autumn scenery of Kanas scenic area in NW China's Xinjiang

Chinese, Pakistani air forces conduct joint drill

Paddy cultivation area in China's Yanbian surpasses 46,000 hectares

China Focus: Beijing-Shanghai railway speed rises to 350 kph

BEIJING, Sept. 24 (Xinhua) -- Locked shares worth about 84.2 billion yuan (12.8 billion U.S. dollars) will become eligible for trading on the Shanghai and Shenzhen stock exchanges in the coming week.

This is 591.7 percent higher than last week, according information service provider Wind.

Locked shares from 46 listed companies will become tradable from Sept. 25 to 29 Cheap Jerseys China Free Shipping , it said.

Under China's market rules, major shareholders must wait one to two years before they are permitted to sell their shares.

Chinese stocks closed lower Friday, with the benchmark Shanghai Composite Index down 0.16 percent to close at 3,352.53 points.

The stock market has been bullish since September, holding firmly above the 3 Cheap Jerseys China Wholesale ,300-point mark, a level previously seen as showing strong resistance.

Albanian version of Chinese president's book on governance launched in Tirana

Opening ceremony held for 2017 WTA Wuhan Open

Weekly choices of Xinhua photo(Sept. 16 - Sept. 23)

Sanitary workers clean rubbish at Three Gorges in China's Hubei

Autumn scenery of Kanas scenic area in NW China's Xinjiang

Chinese, Pakistani air forces conduct joint drill

Paddy cultivation area in China's Yanbian surpasses 46,000 hectares

China Focus: Beijing-Shanghai railway speed rises to 350 kph

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