WASHINGTON (AP) -- The International Monetary Fund urged U.S. lawmakers Wednesday to raise the nation's borrowing limit. It warned that inaction could lead to a spike in interest rates that would harm the U.S. economy and world financial markets....
By CHRISTOPHER S. RUGABER, Associated Press: Business
Wed, 06/29/2011 - 8:16am
WASHINGTON (AP) -- The International Monetary Fund urged U.S. lawmakers Wednesday to raise the nation's borrowing limit. It warned that inaction could lead to a spike in interest rates that would harm the U.S. economy and world financial markets....