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#1 14-03-2018 03:15:37

Date d'inscription: 02-12-2017
Messages: 755

widely see September

WASHINGTON Men's Air Max 97 KPU TPU Shoes Black White Sale , July 30 (Xinhua) -- U.S. economy rose at a faster pace in the second quarter after a weak start of this year, suggesting a steady economic progress would support the Federal Reserve to move closer to its first interest rate hike this year.

The U.S. economy expanded at an annual rate of 2.3 percent in the second quarter, a moderate bounce from the revised 0.6 percent increase in the first quarter, the Commerce Department said Thursday.

Strong personal consumption led the rebound as consumers spent more of the windfall gains from lower oil prices they had saved in the first quarter, and many of the temporary factors that restrained growth in the first quarter faded Air Max 97 Shockproof Shoes Black White Sale , Jason Furman, Chairman of the White House Council of Economic Advisers (CEA), said in a statement on Thursday.

In the second quarter, the rise in GDP growth was led by a faster pace of personal consumption growth than the first quarter and a shift from negative to positive net export growth.

Consumer spending, which accounts for about 70 percent of the U. S. economy Men's Air Max 97 Shoes Silver Grey Red Sale , rose 2.9 percent in the second quarter, compared to an increase of 1.8 percent in the first. The saving rate fell to 4.8 percent in the second quarter from the first quarter's 5.2 percent.

As the value of U.S. dollar stabilizes, net exports, which subtracted 1.92 percentage points from the first quarter's GDP growth, contributed 0.13 percentage point to the growth in the second quarter.

The Commerce Department also said on Thursday that the economy grew at a 0.6 percent rate in the first quarter Women's Air Max 97 Shockproof Shoes Pink Orange White Sale , an upward revision from a previously reported 0.2 percent contraction.

However, weaker business investment and federal government spending have partly offset the positive contributions from consumer spending and improved net exports.

Non-residential fixed investment decreased 0.6 percent in the second quarter, in contrast to an increase of 1.6 percent in the first; and federal government spending decreased 1.1 percent in the second quarter, compared to an increase of 1.1 percent in the first.

Fed chairwoman Janet Yellen said earlier this month that, as the value of the dollar and crude oil prices stabilize Women's Air Max 97 Shockproof Shoes Light Pink Sale , some of the headwinds restraining economic growth, including the negative effects of U.S. dollar appreciation on net imports and low energy prices on oil drilling industry investment, would diminish over the course of this year.

Thursday's GDP report was consistent with the Federal Reserve's assessment of the economy. The Fed said on Wednesday that economic activity has been expanding moderately in recent months despite a soft business investment.

Fed officials on Wednesday upgraded their assessment of the job market and housing market, a sign that the central bank remains on track to raise interest rates later this year. But it did not provide a clear signal for the rate hike timetable.

Although Fed officials believed they are approaching to achieve the goal of maximum employment, one of the central bank's dual mandates Men's Air Max 97 OG GS Shoes All Black Sale , the inflation, the other mandate for the Fed, has remained below its 2 percent target for years.

John Williams, president of the Federal Reserve Bank of San Francisco, said earlier this month that Men's Air Max 97 Shoes All Black Sale , with oil prices having moved back up from past lows and the dollar retracing some of its past gains, their effects on inflation will recede.

In addition, with the economy nearing "full strength," there will be signs that underlying inflation trends are coming back up, said Williams. He expected the economic growth to average about 2. 75 percent from the second quarter to the end of this year.

With Fed officials seeing continued improvements in job markets and confident that inflation would come back to the central bank's target Men's Air Max 97 Shoes All White Sale , the central bank is on track to hike interest rates. Yellen has said that officials expected to start the move later this year.

Market investors widely see September or even later as the most likely time for a Fed rate increase. The Fed has kept its benchmark short-term interest rate near zero since December 2008.

Handout pictures released yesterday by the Royal Malaysian Police in Kuala Lumpur show location image or CCTV footage (top row) and passport style photos (bottom row) of North Korean nationals (from left) Ri Ji U, aged 30; North Korean airline employee Kim Uk Il, 37; and diplomat Hyon Kwang Song, 44. They are wanted for police questioning in connection to the February 13 killing of Kim Jong Nam, the half-brother of North Korean leader Kim Jong Un. — AFP

THE two women suspected of fatally poisoning the estranged half-brother of the North Korean leader were trained to coat their hands with toxic chemicals and then wipe them on his face Air Max 97 Shoes Summit White Sale , police in Malaysia said yesterday.

They announced they were seeking a North Korean diplomat in connection with the attack. But the North Korean Embassy ridiculed the police account of Kim Jong Nam’s death at a Kuala Lumpur airport, demanding the immediate release of the two “innocent women.”

If the toxins had been on their hands “then how is it possible that these female suspects could still be alive?” said a statement from North Korea’s embassy in the Malaysian capital.

Police say the women — one of them Indonesian, the other Vietnamese — washed their hands soon after poisoning Kim.

Inspector-General of Police Khalid Abu Bakar told reporters yesterday that authorities were searching for two new North Korean suspects, the second secretary of North Korea’s embassy in Kuala Lumpur and an employee of North Korea’s state-owned airline, Air Koryo.

“We hope that the Korean Embassy will cooperate with us VaporMax Laceless Sale , allow us to interview them and interview them quickly,” he said. “If not, we will compel them to come to us.”

Police say the substance used remained unknown, but it was potent enough to kill Kim before he could even make it to a hospital.

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