TOPWRAP 7-Fed says U.S. recession slows; European morale up


(For full crisis coverage, double click on [nCRISIS]) * Fed says U.S. contraction appears somewhat slower * U.S. GDP shrinks at 6.1 pct rate in Q1 * Euro zone money supply, loans slow * Chrysler approaches government deadline (Recasts with Fed comments, updates markets) By Nick Olivari and Dena Aubin NEW YORK/LONDON, April 29 (Reuters) - The U.S. economic contraction appears to be slowing, the Federal Reserve said on Wednesday, even as data showed the world's largest economy ...

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