	nakasone sumita agree rate cut not appropriate prime minister yasuhiro nakasone today agreed with bank of japan governor satoshi sumita that a further cut in the discount rate was not appropriate at present central bank sources said they told reuters the two discussed the subject at a routine meeting sumita told nakasone he did not feel a rate cut was appropriate and nakasone expressed his understanding the sources said currency dealers have speculated that japan and west germany might come under pressure at next week s venice summit to cut  rates to boost their economies nakasone but not sumita is due to attend the summit reuter 
