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Eisenhower," Payne said.
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suffering extensive damage during a major ice storm.
"Since then, we have been challenged to create an appropriate lasting memory of this tree, because we wanted to make a special gift to the Eisenhower
Presidential Library and to create a permanent legacy here at Augusta National."
The cross-section of the tree will remain in Augusta throughout tournament week, before making its way to the Eisenhower Museum where it will be placed for
permanent public display. A similar cross-section will remain at Augusta
National.
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WASHINGTON, 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
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supported that strategy.
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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 Nike Lunar Force 1 Scontate , 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 Nike Air Force 1 Flyknit Basse Uomo Scontate , saying that the work of making the financial system more robust " has not yet been completed."
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