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US economy shrank by 4.8 percent in first quarter

GDP down by 4.8% as coronavirus remains to ruin the UNITED STATE economic situation.

Federal Reserve Chairman Jerome Powell will certainly hold an interview at 2:30 p.m. ET. Enjoy here on the Fox Business YouTube Channel:

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FOX Service Network (FBN) is a monetary information network delivering real-time info throughout all systems that impact both Key Road and also Wall Road. Headquartered in New York– the business funding of the world– FBN released in October 2007 and also is one of the leading organisation networks on tv, having actually topped CNBC in Service Day visitors for the 2nd successive year in 2018. The network is offered in almost 80 million homes in all markets throughout the USA. Possessed by FOX Corporation, FBN is a device of FOX Information Media and has bureaus in Chicago, Los Angeles, as well as Washington, D.C.

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