international monetary fund

European Central Bank Keeps Rates Low

It may be because of the slowing European economy, the drive for austerity by the continent's national governments, or planned tax increases. But whatever the reasons, the European Central Bank said Thursday it would hold its benchmark interest rate steady at 1%.

How the Greek Rescue Could Play Into U.S. Stock Prices

The Greek debt rescue will likely depend on how the euro moves against the dollar. A stronger euro now could help U.S. exporters. But considering the depths of the EU's woes, the euro could still be headed lower longer term. And even that might not be bad for U.S. stocks.

IMF now sees deeper global recession

Investors should brace for the most severe global economic downturn since the youthful days of the their grandparents. The International Monetary...