BBC NEWS 24 142 17 Sep 13:39/35 ************ ************************** * *** *** ** ************ **** ************ ***************** 5/7 NO COORDINATED RATE CUT, SAYS GREENSPAN There are no current plans by the major industrialised nations for coordinated interest rate cuts, says a US bank head
US Federal Reserve Chairman Alan Greenspan's evidence to a congressional committee dashed hope of immediate cuts
But he said there were extensive talks between G10 bankers, and the US economy could not be seen in isolation.
Meanwhile, interest rate hikes and IMF talks have helped slow capital flight from Brazil from £900m to £190m a day.
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