WASHINGTON (Reuters) -With mounting evidence that tight labor markets do not necessarily boost inflation and facing massive job losses in 2020, Federal Reserve Chair Jerome Powell oversaw a shift in U.S. central bank strategy that put more weight on the goal of full employment and pledged not to use a low jobless rate as a reason in itself to raise...

NEW YORK (Reuters) - JPMorgan Chase investors will be keen to learn how the largest U.S. lender and the world's biggest economy are likely to be impacted by U.S. tariffs on its trading partners at the bank's investor day on Monday as economic uncertainty remains. Financial markets have been volatile in the initial few months of the Trump administration as...

NEW YORK (Reuters) -Point72 Asset Management's founder, Steven Cohen, said on Wednesday he believes the U.S. economy will very likely slow down because of tariff threats, but even so the Federal Reserve will not act immediately to cut interest rates. We don't think the Fed's going to act right away, because they're still going to be worried about inflation from...

BENGALURU (Reuters) - Economic growth in Thailand likely slowed in the first quarter, weighed down by subdued private investment, weaker household consumption and a drop in tourism, according to a Reuters poll of economists. Southeast Asia's second-largest economy was forecast to expand 2.9% on average in the three months to March 31 from the same period a year earlier, the...