	german bankers remarks revive talk of rate cut remarks by two leading central bankers sparked renewed speculation in financial markets that a cut in the west german three pct discount rate may be under discussion currency dealers said bundesbank board member claus koehler said in a speech that monetary growth resulting from speculative capital inflows required cuts in  rates separately west berlin state central bank president dieter hiss told journalists that the discount rate could fall below its lowest ever point of pct he made clear that he was not making a forecast on  rates however currency dealers here and in the far east said the dollar gained slight background support from the speculation but german dealers noted that the bundesbank kept the pct rate unchanged at which it offered liquidity to the money market this week dashing some expectations that it may either offer lower fixed rate money or offer a reduced minimum rate and let the strength of banks demands set the allocation rate it allocated billion marks in new liquidity much less than the billion leaving the market as a prior pact expired this further weakened sentiment the bundesbank could move to a more accommodative monetary stance dealers said koehler said in a speech in surrey england speculative capital inflows may cause monetary growth regardless of whether central banks intervened or exchange rates fell in other words the monetary policy measures required are different from and sometimes diametrically opposed to those needed when the money stock is increasing as a result of mounting economic activity though koehler was known to be the most liberal of the generally monetarist bundesbank board his comments marked the first time cuts in rates had been concretely suggested as a counterpoint to overly strong monetary growth dealers said reuter m 
