U.S., week ahead of economic summit, signals it wants lower interest rates
WASHINGTON -- A week before an international economic summit, the U.S. signaled that it wants lower interest rates in Japan and Germany, and would give Japan only a temporary respite from trade pressure.</br></br>Treasury Secretary Lloyd Bentsen, in an interview with three</br></br>newspapers, said that "obviously, lower interest rates would be a help"</br></br>in Germany. Concerning Japan, he added: "We've urged a reduction in the</br></br>discount rate. . ..and we've also urged a substantial cut in the income