TOPWRAP 5-US GDP shrinks 6.1 pct, European morale improves

Newswire

* U.S. GDP shrinks 6.1 pct in Q1 * Euro zone money supply, loans slow * Euro zone sentiment, business climate rebound * Fed meeting in focus, policy seen on hold * Santander beats forecasts, ArcelorMittal disappoints (For full crisis coverage, double click on [nCRISIS]) By Dena Aubin and Keiron Henderson NEW YORK/LONDON, April 29 (Reuters) - The U.S. economy contracted at a faster rate than economists were expecting in the first quarter, while economic data in Europe showed ...

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