1. Greenspan would prefer to make coordinated cuts with the Europeans. 2. Some other officials have also thrown cold water on the idea of a coordinated global cut in interest rates. 3. OPEC wanted Russia to share the burden of a coordinated cut in output before committing to reduce its own production as a means of shoring up sagging prices. 4. OPEC officials expressed guarded optimism that a coordinated global cut in supply could be in the works. 5. He said Fed officials should begin working now to seek a coordinated cut in interest rates with their counterparts in Japan and Germany. 6. Some analysts said non-OPEC producers have little incentive to participate in a coordinated cut. |