NEW YORK (Reuters) -U.S. trade policies will likely slow down global economic growth and rekindle inflation in the United States, where there is a 40% probability of a recession in the second half of this year, JPMorgan analysts said on Wednesday. U.S. economic growth is expected at 1.3% this year, down from a 2% forecast at the beginning of 2025,...

...

By Patturaja Murugaboopathy (Reuters) -U.S. long-term bond funds drew massive inflows in May, reversing April's drawdown and indicating investors sought the safety of higher-yielding debt, as they weighed a host of uncertainties around trade tariffs, inflation and fiscal deficits. According to Morningstar data, U.S. long-term bond funds attracted $7.4 billion in May, their largest monthly inflow in over two years,...

NEW YORK (Reuters) -Federal Reserve Bank of Boston President Susan Collins said Wednesday she is expecting the central bank to cut interest rates later this year.  While I continue to expect it will be appropriate to resume gradual policy normalization later this year, my outlook could change significantly as events unfold, and the economic impact of changes in various government...