Money and business

In 3 months, the American economy records a larger contraction than expected

Register The American economy a contraction exceeding previous estimates in the first three months of the year, according to government data issued today, Thursday, in light of the decline in consumer spending and exports more than expected. 0.2%." target ="_Blank"> The dollar to its lowest level in about 3 years against Currencies , the main, today, Thursday, against the background of concerns about the independence of the Federal Reserve Bank (Central Bank), and the future of the country’s monetary policy. "Wall Street Journal"President Donald Trump is studying the idea of ​​overthrowing the President of the Federal Reserve, Jerome Powell, from his post by next September or October, which raised markets concern about the impact of political motives in the work of the largest financial institution in the world.

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