IMF's Koehler says he didn't intend to pressure EC

- Central Banking staff
- 26 Apr 2001

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GERMANY - International Monetary Fund Managing Director Horst Koehler said he had never intended to put pressure on the European Central Bank to cut rates, but reiterated that a cut would help world and European growth.

ARTICLE - The world economy is in a critical phase and therefore an interest rate cut by the ECB would be "helpful," Koehler told a German television channel according to a statement released by the station on Apr 26.

"God knows, that (suggestion) should not be understood as

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