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#1 07-11-2018 05:15:57

Registered: 10-07-2018
Posts: 264

Klopp is a football nerd and a sports nerd, meaning he is not

WASHINGTON Air Vapormax Mens , Feb. 11 (Xinhua) -- In her first testimony to the Congress, U.S. Federal Reserve Chair Janet Yellen reiterated central bank's plan to taper its stimulus exit despite recent weakness in the economy.

The current economic situation and outlook, as well as the monetary policy, were the main focus of the hearing held twice a year.

Yellen told lawmakers she expected "a great deal of continuity" in the central bank's monetary policy, saying that she served on the Fed policy-setting committee as the bank formulated its current policy strategy and she strongly supported that strategy.

Yellen, 67, took the oath of office to lead the Federal Reserve System on Feb. 3, succeeding Ben Bernanke, who stepped down after eight turbulent years. She was previously the Fed's vice Chair.

In the public debut in her new role, Yellen said while the economy gained steam at the end of 2013, recovery in the U.S. labor market was "far from complete," underscoring the importance of considering more than just the unemployment rate when evaluating the conditions of the labor market.

Her point of keeping an eye on wider range of labor indicators is particularly important as the unemployment rate, now at 6.6 percent, is near the 6.5 percent threshold the Fed once identified as the level that would need to be reached before officials would consider a hike in the interest rates.

"If coming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and inflation moving back toward its long-run objective, the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings," Yellen indicated steady pullback in Fed stimulus, referring to the Federal Open Market Committee, which sets monetary policy.

While admitting she was "surprised" by the two recent jobs reports that showed the pace of job creation running under what she had expected, Yellen cautioned against jumping to conclusions of the longer trend. She told the Congress that the Fed needs to see a "notable change" in the economic outlook to consider pausing its withdrawal of stimulus.

The Fed trimmed its monthly purchases of Treasury and mortgage- backed securities by a total of 10 billion dollars in both December and January, citing strengthening economy and continued improvement in the labor market.

The Fed policymakers have suggested they would continue to reduce the bond buying, which now totals 65 billion dollars a month, at a similar pace at each Fed meeting and end it by the end of 2014, provided the economy develops generally in line with expectations.

Yellen also highlighted the Fed's financial regulatory role, saying that the work of making the financial system more robust " has not yet been completed."

By Oliver Trust

BERLIN, Oct. 8 (Xinhua) -- Juergen Klopp seems not to be far off being voted "sexiest man alive" even without votes coming from Liverpool. All of Britain seems to be affected by "Klopp mania".

Some assume the 48-year-old coach will not have to worry about parking tickets even if he left his car on double yellow lines in the city's main shopping street, he won't need a bank account to pay rent and shopping in the supermarkets will be free, as will any pints of beer he downs in the harbor city's pubs.

Complete nonsense? Maybe? But nothing seems to be impossible as the Premier League club FC Liverpool and its fans welcome Europe's currently most-wanted coach.

With 10 million euros of salary per season over the next three years, Klopp now is faced with the task of reanimating a club that has unique football tradition and one that for several reasons has fallen deeply in love with the charming German.

Who is the man that has gained a messiah-like status in England's northwest before he has even started his difficult mission? And more important: Will the German Klopp be the perfect match for the English Liverpool?

No matter: Expectations couldn't be higher and things at first glance fit together like in a fairytale ahead of his first game in the Premier League against Tottenham Hotspur on October 17.

Klopp was never a great player himself but one that was gifted with an above-average amount of passion - authentic, full devotion for football and people. The 1.91-meter man with the three-day beard and the hair transplant to cover up his receding hairline has the charisma to captivate big audience as well as a football team through his ability to find a way to people's hearts, whether as a TV pundit or in front of an 80,000 crowd. No problem for a man as versatile as Klopp.

He seems to be the ideal candidate for a club that is no longer a top dog - Liverpool won its last league title in 1990. When he took charge at Borussia Dortmund neither he nor his new club was one of the top dogs after previously being the head coach at FSV Mainz 05 in 2008. Klopp was Dortmund's savior that won two German titles (2011 and 2012) and led them to the Champions League final in 20122013 where they lost 2-1 to Bayern Munich. Before Klopp turned up in Dortmund, a coal-mining city, with a baseball cap on his head, the club was in serious danger of being relegated from the Bundesliga.

The Stuttgart-born former second division player is what you call a crowd favorite. And it is a charming part of the love story that a German could return an English club like Liverpool back to former glory and make the Premier League a bit more British, meaning Klopp is a man to take the club back to its roots of authentic football with emotion in contrast to the artificial football supported by powerful sponsors that often alienates the fans.

Klopp is a football nerd and a sports nerd, meaning he is not a good loser and never misses a sports broadcast even on a lazy Sunday afternoon. One could imagine meeting him in a pub with a beer in his hand, something he rarely does though. I. Cheap Jerseys   Cheap Authentic Jerseys   Cheap NFL Jerseys From China   Cheap NBA Jerseys From China   Cheap MLB Jerseys Online   Cheap NCAA Jerseys China   Wholesale Sports Jerseys   Wholesale Throwback Sports Jerseys   Wholesale Jerseys China Free Shipping   Cheap Retro Soccer Jerseys


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