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WASHINGTON Nike Air Max 98 Womens Australia , 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 Nike Air Max 90 Womens Australia , 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 Nike Air Max 97 Womens Australia , 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 Nike Air Max Womens Australia , 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 Nike Air Max 93 Mens Australia , 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 Nike Air Max 180 Mens Australia , 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."

A knife-wielding attacker stabbed a French police chief to death in front of his home late on Monday and his partner's body was found inside Nike Air Max 270 Mens Australia , officials said, killings Islamic State's Amaq news agency said were carried out by a member of the group.

The attacker repeatedly knifed the 42-year-old commander in the stomach before barricading himself inside the house in a Paris suburb, an Interior Ministry spokesman said.

He was shot dead by members of an elite police unit after negotiations failed.

Police and judicial sources said that the attacker was a 25-year-old man who had been monitored by security and anti-terrorist services after he received a three-year prison sentence in 2013 for helping Islamist militants go to Pakistan.

A judicial source said the anti-terrorism unit of the prosecutor's office had been given responsibility for the investigation because of comments made during lengthy exchanges between the assailant and negotiators. The source gave no further details.

"Source to Amaq agency: Islamic State fighter kills deputy chief of the police station in the city of Les Mureaux and his wife," Amaq said on its news website.

President Francois Hollande held an early morning emergency meeting over the killings Nike Air Max 98 Mens Australia , his office said before Amaq posted its statement, underscoring the seriousness with which the Elysee presidential palace is treating the incident.

If it is confirmed Islamic State was behind the murders, it would be the first militant strike on French soil since the government imposed a state of emergency after multiple attacks on Paris in November that killed 130 people.

Monday's killings took place as France, a founder member of the U.S.-led coalition waging air strikes against Islamic State Nike Air Max 90 Mens Australia , was already on high alert for terrorist attacks during the Euro 2016 soccer tournament which began on Friday.

Islamic State's claim one of its "fighters" carried out the evening attack came a day after the Islamist militant group said it was responsible for the shooting that killed 49 people in a massacre at a gay nightclub in Orlando, Florida.

The attacker struck in the Paris suburb of Magnanville, about 50 km (30 miles) northwest of the French capital and about 20 km from Les Mureaux, where the police commander was stationed.

He stabbed the police commander nine times in the stomach before forcing his way into the house and taking the officer's partner and three-year-old son hostage.

"Negotiations were unsuccessful Nike Air Max 97 Mens Australia , a decision was made to launch an assault," Interior Ministry spokesman Pierre-Henry Brandet said.

Commandos from the RAID police unit stormed the house and found the woman's body. The young boy was rescued "in shock but unharmed", a prosecutor said.

Officials have not revealed the identity of the 42-year-old officer.

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