WASHINGTON adidas superstar rainbow black , Aug. 10 (Xinhua) -- New York Federal Reserve Bank President William Dudley said on Thursday that U.S. economy is expected to continue moderate growth and the inflation will rise to the Fed's 2 percent target.
"Our outlook anticipate a continued moderate growth trend, with some further strengthening in the labor market and an increase in inflation over the medium term toward our objective of 2 percent," Dudley said in his opening remarks at a press briefing on Thursday.
His remarks suggested that the central bank was on track to gradually tighten the monetary policy. Investors widely expected that the Fed would start to reduce its balance sheet from September and might raise interest rate one more time this year.
U.S. job markets have maintained solid growth since the recovery from the Great Recession, while the economy has grown at a modest rate of around 2 percent and the wage growth has also stuck to a moderate 2.5 percent.
Dudley said that the moderate economic and wage growth reflected in part that productivity growth has been sluggish compared to historical experiences.
U.S. nonfarm business sector labor productivity increased only 0.9 percent during the first quarter of 2017.
With the labor market continuing to tighten, wages would eventually rise higher, said Dudley.
In his remarks adidas superstar rainbow white , Dudley also stressed the importance to address wage inequality, in which technology changes and globalization played part of the role.
HO CHI MINH CITY, Aug. 4 (Xinhua) -- The Vietnam Stock Index or VN-Index, a capitalization-weighted index of all the companies listed on the Ho Chi Minh City Stock Exchange, made a new nine-year high this week.
The index closed at 788.68 points on Friday, surpassing the former nine-year high of 782.65 points on July 6. Notably adidas superstar rainbow paint splatter , on Thursday morning's trading session, the index climbed over the 790-point threshold to close at 790.51 points.
Banks and energy stocks were main drivers for the bourse this week. Bank stocks posted solid gains due to positive business earnings in the first half of 2017. Leading listed banks such as BIDV (BID), Vietcombank (VCB), Vietinbank (CTG), Military Bank (MBB), and Sacombank (STB) were biggest gainers.
Global oil prices recorded strong gains in the week adidas superstar pride pack for sale , leading to the rally of energy stocks, including PV Gas (GAS) and PetroVietnam Drilling and Wells Service (PVD).
Other blue chips like brewery Sabeco (SAB), Petrolimex (PLX), dairy firm Vinamilk (VNM), FPT Corp (FPT) and Masan Group (MSN) also contributed to the bourse's uptrend.
On Wednesday, the bourse witnessed declines of shares adidas nmd chukka grey , especially those in the finance field, following concerns over the news of Tram Be, former chairman of Sacombank, and Phan Huy Khang, the bank's former CEO were arrested on Monday for allegedly economic mismanagement related to an unauthorized lending of 1.8 trillion Vietnamese dong (80 million U.S. dollars).
However, bank shares recovered in the next trading days with gains from some large-cap stocks Eximbank (EIB) adidas nmd chukka black suede , Vietcombank (VCB), Vietinbank (CTG) and BIDV (BID).
The index closed at 788.68 points on Friday, up 0.19 points, or 0.02 percent. From the previous week's closing session, the index won 11.59 points, or 1.49 percent.
During the week adidas nmd chukka for sale , the index experienced four ups and one down, posting the highest level of 788.68 points on Friday, and the lowest level of 783.55 points on Monday. In comparison, it ranged between 759.74 points and 777.09 points in the previous week.
About 202.950 million shares worth 3.894 trillion Vietnamese dong (VND) (173.58 million U.S. dollars) changed hands on the Ho Chi Minh City Stock Exchange on Friday, a decrease of 2.94 percent in volume and 9.16 percent in value against Thursday.
Over 1.104 billion shares worth 20.845 trillion Vietnamese dong (920.27 million U.S. dollars) were traded on the bourse this week, an increase of 16.22 percent and 11.31 percent adidas nmd human race yellow , respectively, against last week.
Foreign investors continued to be net buyers this week. On Friday, they bought over 8,260 million shares, accounting for 4.07 percent of the market's shares.
Local securities companies predicted the index will surpass 800 points in the next trading week.
First high speed railway in Inner Mongolia starts operation
NE China's Dalian issues red alert for flood
In pics: lotus flowers amid morning mist in E China
2017 China Xi'an Int'l Tourism Expo held
Military parade held to mark PLA 90th birthday (Part I)
SWAT team members take part in drill
Acrobatic show staged in China's Xinjiang
Martial arts competition held in China's Henan
SRINAGAR, Indian-controlled Kashmir adidas nmd human race blue , May 1 (Xinhua) -- An Indian army officer and a border guard belonging to Border Security Force (BSF) were killed on Monday in an exchange of fire with Pakistani troops on the Line of Control (LoC) dividing Kashmir, officials said.
The two sides exchanged fire on the LoC in Krishna Ghati sector of frontier Poonch district, about 180 km southwest of Srinagar city, the summer capital of Indian-controlled Kashmir.
"Today Pakistani troops fired on our joint operational party in K G sector of Poonch district, during which a BSF man and a junior commissioned officer of army were killed," Dharmendra Parikh adidas nmd human race red , a senior BSF officer told Xinhua. "Another BSF man was wounded and he has been removed to hospital."
According to Parikh, the Pakistani side used automatic weapons and fired rockets targeting the operational party.
The firing broke out around 8:30 local time (0300 GMT) and lasted for several hours.
In April, several cease-fire violations were reported on LoC in Poonch and adjacent Rajouri districts.
Last year saw a surge in skirmishes on the International Border (IB) and the LoC between the two count. Cheap Spurs Jerseys Cheap Sacramento Kings Jerseys Cheap Toronto Raptors Jerseys Cheap New Orleans Pelicans Jerseys Cheap Orlando Magic Jerseys Cheap Los Angeles Lakers Jerseys Cheap New York Knicks Jerseys Wholesale Jazz Jerseys Wholesale Heat Jerseys Wholesale Portland Trail Blazers Jerseys