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International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at a press conference at the HM Treasury in London.  (AP Photo/Kirsty Wigglesworth, File)
International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at a press conference at the HM Treasury in London. (AP Photo/Kirsty Wigglesworth, File)
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IMF Lowers Estimate of US Economic Growth in 2014

WASHINGTON (AP) -- The International Monetary Fund foresees the U.S. economy growing a modest 2 percent this year, below its previous estimate of 2.7 percent.

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IMF Managing Director Christine Lagarde (Alex Wong, Getty Images)
IMF Managing Director Christine Lagarde (Alex Wong, Getty Images)
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IMF Moves to Calm Market Fears Over European Debt

Finance ministers and central bank governors hope the sizable increase in resources of the International Monetary Fund to more than $430 billion will be enough to handle any fresh crisis in the eurozone.

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