American Federal Reserve

???? xinhuanet.com Beijing 2 April, according to Singapore zaobao.com reported, American Federal Reserve (FED) chairman Yellen think, economic indicators show USA employment market situation, the Fed easing Cheap NFL Jerseys still need a period of time.

???? 31 in Chicago last month, Yellen published his first public speech, with 3 Americans living examples to illustrate, America economy still needed low interest rates and lax policies to promote. She believes that, other policymakers, the Fed also had the same opinion.

???? since the 2007 to 2009 USA economy into recession, the Fed kept interest rates near zero for more than 5 years. The Fed said, even if loose policy at the end of the year, low interest rates are likely to remain for a period of time.

???? Yellen pointed out, the Fed's pushing two mission employment market and stable inflation has not yet reached. First of all, the Fed expects the unemployment rate down to 5.2% to 5.6%, lower than the current 6.7%; secondly, now inflation Cheap soccer jerseys country is far lower the Fed's long-term goals from set 2%.

???? Yellen is talking about investment held in Chicago National Convention attendees, about 1100 people. She pointed out that, for many Americans, the current economic recovery still seems to be feeling depressed, from some economic indicators and so. Significant traces of recession has not completely disappeared, the Fed will also need a little time to reach target.

???? America unemployment rate fell from 10% in 2009 to 6.7% last month, down faster than the Fed expected; however, part of the data reduction is some people gave up looking for work. Therefore, someone pointed out that, the Fed should continue to implement the policy of invigorating, encouraging them Cheap NBA Jerseys to return to the labor market.

???? hardliners some economists and Fed officials think, the job market has not, the inflation rate will soon rise. Interpretation of Yellen in the March 31st convention, why she did not agree with these people.

???? she thinks, workers Cheap MLB Jerseys allowance is not increased, because it is still engaged in work part time or long period also many unemployed than expected; therefore, the job market should be improved, in order to attract people to return to cheap customized jerseys the workplace, or return to a better job. Yellen thinks, the number of jobs cannot meet the willingness and ability of the job seeker needs, this reflects a cyclical problem.

???? Yellen also pointed out, some of the unemployment problem is a structural problem, many unemployed and not have to cope with the present work skills, and engaged in numerous part time workers, low turnover rate and wage growth rate is low, the relaxation phenomenon exists in the employment market.