Inflation in China makes it difficult for the People's Bank of China (PBOC) to cut interest rates the US Federal Reserve

Transportation fuel prices rose 24.1% in China in March 2022 from last year, the largest increase within the country's CPI. Vcg | China Optical Group | Getty Images BEIJING - China's persistent inflation is narrowing the window for time People's Bank of China It could lower interest rates and support growth, economists said. Official measures of producer and consumer prices in China rose in March more than analysts had expected, according to data released on Monday. "Rising food and energy price inflation limits the scope for the People's Bank of China to cut interest rates, despite the rapidly deteriorating economy,"…