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Messagede xiaoying » Mar 24, 08:44

WASHINGTON Chris Copeland Bucks Jersey , July 16 (Xinhua) -- U.S. Federal Reserve Chair Janet Yellen said on Thursday that the Central Bank will tighten the monetary policy in a way or at a pace that would not threaten continued progress in the labor market.

"My own preference would be to proceed with tightening in a prudent and gradual manner," Yellen told the Senate Banking Committee on Thursday on her second day of congressional testimony.

As the U.S. labor market is getting closer to a "more normal state" and headwinds holding back the economy are diminishing, it becomes appropriate to raise interest rates, the Central Bank governor said.

In order to proceed with tightening without threatening the labor market progress and given the low inflation level, the Central Bank could be patient in removing accommodation Vin Baker Jersey , she said.

She repeated that the Fed is on track to raise interest rates later this year, as most Fed officials expect the economy to gain growth momentum over the remainder of this year. She also stressed that waiting too long to raise interest rates could cause the Fed to "overshoot" its goals for full employment and inflation stability, and could force the Central Bank to tighten policies in a sharp way.

In the testimony, Yellen said she would be open to a modest increase in the threshold for determining a bank's systemic importance. She added that it's critical for the Fed to maintain its discretion over systemically important banks, if the threshold changes.

According to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act Thon Maker Jersey , all U.S. banks with assets over 50 billion U.S. dollars are classified as systemically important financial institutions, which should be subject to tough regulatory rules.

SAN FRANCISCO, Aug. 30 (Xinhua) -- A study by Oregon Health & Science University (OHSU) researchers indicates that a common antidepressant medication may worsen a condition, known as tinnitus, that millions of people suffer.

People with tinnitus have the constant sensation of ringing or buzzing in the ears Spencer Hawes Jersey , creating constant irritation for some and severe anxiety for others. A common class of antidepressants known as selective serotonin reuptake inhibitors (SSRIs) have been used to alleviate symptoms of moderate to severe depression and anxiety.

SSRIs work by increasing the level of serotonin, a chemical compound that acts as a neurotransmitter thought to be responsible for maintaining mood balance.

Detailed in a paper recently published in the journal Cell Reports, the OHSU researchers examined brain tissue in mice, specifically the dorsal cochlear nucleus where sensory integration and tinnitus occurs. They discovered that neurons known as fusiform cells within this portion of the brain become hyperactive and hypersensitive to stimuli when exposed to serotonin.

Senior author Laurence Trussell, a professor of otolaryngology in the OHSU School of Medicine and scientist in the OHSU Vollum Institute Ray Allen Jersey , said they saw "the activity of those neurons went through the roof."

The finding suggests that SSRIs prescribed to treat anxiety or depression may sometimes worsen patients' tinnitus, which is defined as the chronic perception of sound when there is no internal or external acoustic source.

Lead author Zheng-Quan Tang, a senior postdoctoral fellow in Trussell's lab, was quoted in a news release as saying a review of existing scientific literature indicated that many patients reported an increase in tinnitus soon after they began taking SSRIs.
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