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|WASHINGTON Ken Sema VM 2018 Tröja , Nov. 29 (Xinhua) -- Federal Reserve Bank of San Francisco President John Williams said on Wednesday that he expected the central bank would continue to raise interest rates slowly in 2018.
"As long as the data continue to show steady growth and we see the uptick in inflation that we' re expecting, my own view is that we should continue to raise interest rates slowly over the coming year," said Williams in remarks at the 54th Annual Economic Forecast Luncheon in Phoenix, Arizona.
According to local media report, he told reporters that he expected four rate hikes from now through the end of next year, which is in line with the quarterly economic forecast released by the Fed in September. The forecast showed that Fed officials expected one rate hike in December and three more in next year.
He warned that keeping interest rates low could undermine the sustainability of economic expansion and create conditions that could lead to a recession.
According to his forecast Pontus Jansson VM 2018 Tröja , the U.S. economy is expected to grow 2.5 percent this year, and then slow down toward its trend pace over the next few years.
He expected the job market will continue strong growth momentum, with the unemployment rate to fall to 3.75 percent in 2018. Currently, the U.S. unemployment rate stood at 4.1 percent, already 17-year low.
In regard to recent low inflation, Williams said that the recent price drops in pharmaceuticals Viktor Claesson VM 2018 Tröja , airline tickets, cell phones and education have hold down the inflation. He expected the inflation will rise in 2018 with the continued economic expansion.
For us, holidays were a bad memory. This time in our life became something that held you back from doing things like other kids. They didn't face the turmoil you were going through.
I remember it to this day. Coming up from the lower floor of the house, I notice mom running down the stairs to the same floor I was headed. My sister was not noticeable around then, being in her room. "Their coming to get us". Mom said, her voice trembling and the look of fear in her face. "Who"? I asked Johan Larsson VM 2018 Tröja , not knowing what to do. "The police, their coming to get us"...Again her voice trembled and mom running back up the stairs she came from and into her room. I was terrified. Mom was the same way.
That day rings loud and clear for me. My heart sinks as I realize today, mom was suffering from a mental breakdown. My mother was gone. Yes, she was there in the physical being, but departed mentally.
Later dad told us it was a sickness. Mom was indeed taken, but not by the police. She was taken to a special hospital in a little town far from where we were. As I recall this Oscar Hiljemark VM 2018 Tröja , I try to think about the holidays at this time. Then I shake my head, knowing that for us, till mom got well there was no holiday.
Dad worked hard to get us ready during this time mom was gone. We had friends who would take care of my sister while I was as school. I would come home to their house and wait till dad came and we would go home. Then I would cook dinner for us. The house would be lonely with no mother to comfort or guide us. No mom to wrap their arms around us and understand our hurts or problems. Dad was there, but an important part of our family was not. I cannot tell you how much this had an effect on me as a young man growing up. I became withdrawn and passive. Not getting involved in much of anything. I strove to help dad and my sister. Time was the enemy, for late at night, in my bed Filip Helander VM 2018 Tröja , I knew I would face another day without mom.
As time went on, thanksgiving and Christmas came. Certain times when dad could get off, we would take a weekend to visit mom. The drive to go see mom was terrible for young minds. We would sit in the backseat of the car and drive endlessly it seemed. The hospital where mom was seems so far. It indeed was. The trip alone was six hours or so. Then with kids and stopping for various reasons the trip seemed so long. We would stay in a motel in the town where mom was. At first the visits actually meant for Dad to go inside and we kids had to wait in the car. Then at the proper time, mom would look out from a window with bars on them and wave at us kids. Later on, mom would be able to come and visit with us. But that never lasted long. She was much thinner now. Mom smiled and hugged us, but then she was gone. Time had come; we would pack up and leave that town which held my mother hostage. That was my holidays Alexander Fransson VM 2018 Tröja , painful. The gifts, the trees meant nothing. For a short while they would pacify my young mind and spirit. Then drifting, my heart would sink.
During those months I would try to help my sister and dad cope. Doing our best, we pulled together. All the while at school it was a nightmare. No one understood me. I was harassed by other kids. I was lonely and withdrawing more daily. I had one friend and at times we had fun. My sister being so young I never fully came to know how much an impact this had on her. Later on in life, she would reveal to me the heartaches she had come to know during this time.
After the holidays, birthdays came and went. The same thing would go on. Drive forever and visit for a short while Karl-Johan Johnsson VM 2018 Tröja , then come home. Without mom. Then one day, mom was released. The doctors, dad said had helped mom. The time of any person's life, as least mine, was when mom came home.
You see, mom was sick allot during my life growing up and even into adulthood. She faced many problems John Guidetti VM 2018 Tröja , although she did better than most with her sickness. I have spent allot of years without her. For me, my mother was always sick; this created a hardship on everyone. But, for her, mom desperate fight to win this battle would eventually take her home to be with the Lord at an early age.
Even though this battle of mom affected us all, for me Thanksgivi. Cheap MLB Shirts Cheap Hats Cheap Jerseys Cheap Jerseys Online Cheap NHL Jerseys Cheap NFL Jerseys China Cheap NBA Jerseys Wholesale Wholesale Nike NBA Jerseys Wholesale Baseball Jerseys Wholesale Baseball Jerseys