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The Fed's latest projec
#1 Posted : 30 July 2018 06:24:18(UTC)
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VIENTIANE Carlos Salcedo World Cup Jersey , Aug. 9 (Xinhua) -- Lao athletes are eyeing three tofive gold medals at the 29th Southeast Asian (SEA) Games which hasbeen scheduled to be held in Kuala Lumpur, Malaysia during August19-31, Lao state-run news agency KPL reported Wednesday.

The Lao athletic delegation comprises 285 athletes and 36coaches. Lao athletes will compete in petanque, muay, taekwondo,wushu, sepak takraw and takraw-silone, pencak silat,billiards-snooker, cycling, archery, boxing, karatedo, judo,football, basketball, golf, shooting, table tennis, badminton,tennis, swimming, rugby and track-and-field, Director General ofElite Sports Department Sengphone Phonhamath was quoted assaying.

The SEA Games 2017 is expected to feature 39 different sportsand draw almost 5,000 competitors from Southeast Asia.

At the 28th SEA Games in Singapore in 2015, Lao athletes managedto win four silvers and 25 bronze medals. Over 358 million kip(over 43,000 U.S. dollars) have been donated by private sector tosupport Lao athletes' participation in the 29th SEA Games,according to Lao Minister of Education and Sports SengdeuaneLachanthaboun. Enditem


PARIS, Oct. 15 (Xinhua) -- Montpellier once again proved to be stoppers for last season's leading sides with a 2-0 home win against Nice, while Bordeaux and Nantes finished in a 1-1 draw in Ligue 1 on Sunday.

Montpellier managed to remain unbeaten against last season's top three finishers, following their successive draws against current leaders Paris Saint-Germain and defending champions Monaco.

Benjamin Lecomte kept Montpellier goal intact as he made several fine saves in the first half, before former PSG player Stephane Sessegnon gave home fans every reason to celebrate on 55 minutes with a superb finish from 25 meters away into the top corner of the net.

Two substitutes combined to double the lead for the "giant killers" in the 74th minute, when Junior Sambia intercepted the ball near his team's box, moved forward, and unleashed Isaac Mbenza for a low shot from the left.

Nice slid to the 14th position and suffered their fifth loss in nine matches of the campaign, contrary to their three defeats in total last season.

Bordeaux skipper Jeremy Toulalan blocked his Nantes counterpart Leo Dubois' shot, but the ball just fell in front of Prejuce Nakoulma, who grabbed the chance to sweep home in injury time of the first half.

Bordeaux's Malcom levelled the score with his fifth league goal this season, as he beat Nantes goalkeeper Ciprian Tatarusanu with a low shot two minutes into the second half.

Nantes, unbeaten in last seven matches, were positioned fifth under Italian head coach Claudio Ranieri.

Later on Sunday, Marseille were held to a 3-3 draw by promoted sides Strasbourg.

Paris Saint-Germain extended their gap over Monaco to six points, following a hard-fought 2-1 road victory over Dijon on Saturday.

WASHINGTON, Dec. 17 (Xinhua) -- The U.S. Federal Reserve said Wednesday that it can be patient in beginning to normalize the stance of monetary policy.

It reaffirmed the guidance to maintain federal funds rate at near zero target range for a consideration time following the end of asset purchase program in October, the Fed said in a statement released after a two-day meeting of its Federal Open Market Committee (FOMC), the Fed's chief body for monetary policy.

The patient approach, a new wording in the FOMC statement, is consistent with its previous guidance and did not signify changes in monetary policy stance, said Janet Yellen at a press conference on Wednesday, adding that it's unlikely the Fed will raise rate for at least next couple of policy meetings.

The central bank said in the statement that the U.S. economic activity is expanding at a moderate rate since October, the same judgment to its October statement.

As for the recent decline in energy prices, the Fed said inflation has continued to run below the Fed's longer-run objective, partly reflecting declines in energy prices.

Yellen said at the press conference that the impact from falling energy prices will be transitory, and the committee expected inflation to rise gradually toward 2 percent as the labor market improves further and the transitory effects of lower energy prices and other factors dissipate.

In regard to labor market, the Fed said a range of labor market indicators suggested under-utilization of labor resources continued to diminish.

Employment is rising at a healthy rate and the U.S. economy is strengthening, reflecting in part a highly accommodative stance of monetary policy, said Yellen.

On the same day, the Fed also released its latest economic projections and the target federal funds rate projections.

The Fed's latest projections showed that the U.S. economy will expand at 2.3-2.4 percent this year, higher than its September forecast of 2-2.2 percent. It maintained its forecast for 2015 GDP growth unchanged at 2.6-3 percent. Considering the improvements in the labor market, the central bank expected the unemployment rate to drop to 5.8 percent this year and further to 5.2-5.3 percent in 2015, both lower than its September projections.

In view of the lower energy prices, the Fed sharply cut its inflation projections. It expected the price index for personal consumption expenditures (PCE) to reach 1.2-1.3 percent this year, lower than its September forecast of 1.5-1.7 percent. In 2015, the inflation rate will stay around 1-1.6 percent.

Yellen said lower energy prices were positive to the U.S. economy, as they would boost household demand and act like tax cuts for families.

According to the forecasts, the median projected federal funds rate, the Fed's main economic lever, was 1.125 percent for the end of 2015, lower than the September projection. This might indicate a slowing pace in rate increase.. Cheap MLB Jerseys China Wholesale Jerseys China Wholesale Jerseys China Free Shipping Wholesale Jerseys China Free Shipping Wholesale College Jerseys Wholesale NBA Jerseys China Wholesale Swingman NBA Jerseys Wholesale MLB Jerseys Online Cheap Authentic NBA Jerseys Cheap College Baseball Jerseys

#2 Posted : 29 April 2020 21:22:30(UTC)
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#3 Posted : 03 August 2020 02:38:00(UTC)
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#4 Posted : 23 December 2020 15:43:00(UTC)
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