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A smiling Ramirez went on to thank his family

in Team 22.10.2018 05:11
von zhouyueyue | 1.059 Beiträge

WASHINGTON Scarpe Adidas Superstar 2 Bianche Scontate , Sept. 20 (Xinhua) -- U.S. Federal Reserve on Wednesday kept the interest rate unchanged, but signaled that there might be one more interest rate hike this year.


The central bank also announced on the same day that it will start to unwind its 4.5-trillion-U.S.-dollar balance sheet in October, as the market expects.


"We're working down our balance sheet, because we feel that's stimulus that in some sense is no longer needed," said Fed chairwoman Janet Yellen at a press conference after the Fed concluded its two-day policy meeting on Wednesday.


"The basic message here is U.S. economic performance has been good Scarpe Adidas Superstar Nere Scontate ," she added.


Although recent hurricanes are expected to give a shock to the U.S. economy, the Fed continues to expect that the economy would expand at a moderate pace in the future.


According to the Fed's economic projections released on Wednesday, Fed officials expected the U.S. economy to grow 2.4 percent this year, higher than their forecast of 2.2 percent in June.


Alongside the moderate economic expansion, the U.S. job market has shown strong resilience in recent years.


The country's unemployment rate reached 4.4 percent in August Scarpe Adidas Superstar LGBT Pride Pack Core Nere Scontate , the lowest level since the Great Recession. The monthly job gains remained at a robust pace of 156,000 in August, above the pace of 100,000 to 120,000 that would be consistent with a stable unemployment rate.


Yellen pointed out that if the Fed didn't withdraw its monetary stimulus Scarpe Adidas Superstar Pride Pack Bianche Scontate , the economy could overheat and the inflation could move up more rapidly, in view of the continued labor market tightening.


According to Fed officials' projections, the unemployment rate will drop to 4.3 percent by the end of this year, and further fall to 4.1 percent in 2018 and 2019, well below the 4.6 percent where the economy reaches full employment.


However Scarpe Adidas Superstar Slip On Trainer Nere Scontate , inflation, the other monetary policy mandate for the Fed, has been running below the Fed's 2-percent target for years, and it also softened this year.


"This year, the short fall of inflation from 2 percent ... is more of a mystery Scarpe Adidas Superstar Slip On Trainer Bianche Scontate ," said Yellen.


In July, the core personal consumption expenditure (PCE) index, the Fed's preferred inflation indicator, rose only 1.4 percent year on year, below Fed's 2-percent target and also lower than the 1.9 percent in January.


Yellen expected that the low inflation is due to transitory factors that are likely to disappear over the course of the coming year. < According to Fed officials' projections Scarpe Adidas Superstar 2 Print Nere Bianche Rose Scontate , the core PCE index is expected to rise 1.5 percent this year and 1.9 percent next year, separately lower than the 1.7-percent and 2-percent forecasts in June.


Despite the soft inflation, Fed officials still expect that there could be one more interest rate hike this year, and three more hikes in 2018.


The Fed has raised interest rates twice this year, separately in March and June. The market now widely expects the Fed might raise interest rate again in December.


Adam Posen Scarpe Donne Adidas Superstar Fiori di Loto Bianche Scontate , president of the Peterson Institute for International Economics, told Xinhua that the effects of monetary tightening will be much fewer this time than in the past, as the global economy is in a better shape now, and households and corporations have much fewer debts.


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RIO DE JANEIRO, Aug. 20 (Xinhua) -- Cuba clinched its second and third gold medals in boxing on Saturday to take its overall gold medal tally at the 2016 Rio Olympic Games to five.


Cuba's Arlen Lopez defeated Uzbekistan's Bektemir Melikuziev in the 75kg final, winning all three rounds by unanimous decision (29-28, 30-27 and 29-28).


Earlier in the day, Robeisy Ramirez beat Shakur Stevenson of the Untied States in the 56kg final 2-1.


Before the podium ceremony, Ramirez spoke to reporters about the fight, state daily Granma reported.


"The American is a resourceful fighter," Ramirez said of his rival. "I went out to do my thing, I reached the third round with the fight tied, but it was the last, the final (round), the gold medal, that's why I gave it my all .. to win 2-1," he said.


A smiling Ramirez went on to thank his family for their support, saying "I dedicate (the medal) to my parents, sister, mother-in-law, my daughter Renata, my sick grandfather and late father-in-law, who always insisted that I get up early in the mornings to train, because I'm a bit of a slacker."


Cuban boxer Julio Cesar la Cruz won the country's first gold in the 81kg division.


In boxing, Cuba collected three gold and three bronze medals, improving on its performance at the 2012 London games.



A man surfs the Internet on a computer. Photo: CFP

Binyang in South China's Guangxi Zhuang Autonomous Region is a county known nationwide for its "fire dragon dance" cultural festival. But it has now become even better known for cyber fraud. From individual families to whole villages Donne Adidas Superstar Supercolor Pack Chiaro Blu Scontate , Binyang is rife with professional, and organized scams, swindling money through online messaging services. This easy path to a quick buck has become popular among the village's young people, even among teenagers.


Binyang, a county of about 1 million people located 70 kilometers outside Nanning Donne Adidas Superstar Supercolor Pack Chiaro Rosa Scontate , the capital city of Guangxi Zhuang Autonomous Region in South China, has become notorious for cyber swindling, as police have recorded increasing numbers of cyber fraud cases.

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