Oct. 8 - The International Monetary Fund top economist praised a series of interest rate cuts but said more cuts may be needed.
Just before the IMF news conference, the U.S. Federal Reserve led a coordinated round of rate cuts, easing by a half percentage-point along with the European Central Bank, Bank of England, Switzerland, Canada and Sweden. Deborah Lutterbeck reports from Washington.SOUNDBITES: IMF chief economist Olivier Blanchard
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