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China inflation makes it harder for PBOC to cut interest rates US Fed Posted on April 12, 2022 Author Mike Robinson Comments Off on China inflation makes it harder for PBOC to cut interest rates US Fed The largest rise in China’s consumer price index was the 24.1% increase in transportation fuel prices in March 2022, which is 24.1% more than a year earlier. Getty Images| Visual China Group | Getty Images BEIJING — Persistent inflation in China narrows the window for when the People’s Bank of China According to economists, they could reduce interest rates and stimulate growth. Data...
