AMELIA ISLAND, Florida (Reuters) -A proposal for the U.S. Federal Reserve to release detailed economic forecasts after some of its meetings to anchor the discussion of monetary policy is drawing fire from the heads of its regional banks who worry it will be hard to agree on a common outlook and risks further confusing the public. Fed Chair Jerome Powell...

SHANGHAI/HONG KONG (Reuters) - JPMorgan Chase ( JPM ) Chief Executive Jamie Dimon said on Thursday U.S. President Donald Trump's massive tax and spending bill could help bring stability but it is not conducive to deficit reduction. The bill cleared a crucial hurdle on Wednesday, as the U.S. House of Representatives voted roughly along party lines to begin a debate...

(Reuters) -JPMorgan Chase & Co ( JPM ) CEO Jamie Dimon said that he can't rule out that the U.S. economy will fall into stagflation as the country faces huge risks from geopolitics, deficits and price pressures, Bloomberg News reported on Thursday. In a Bloomberg Television interview from the lender's Global China Summit in Shanghai, Dimon said, I don't agree...

(Reuters) - U.S. companies across sectors have initiated layoffs as they attempt to streamline operations amid economic uncertainties, following similar cutbacks seen last year. Job openings - a measure of labor demand - decreased 288,000 to 7.192 million by the last day of March, according to the labor department's Job Openings and Labor Turnover Survey, or JOLTS report. But layoffs...