China's inflation "limits space for PBoC" to cut interest rates "in rapidly worsening economy," Nomura -- China Boss update 4.15.22
Update
What happened
China’s prices rose more quickly than expected in March due to Covid lockdowns and the war in Ukraine, analysts say. Data released from China’s National Bureau of Statistics last week shows factory inflation increased 8.3 percent year on year and China’s consumer price index (CPI) “also rose ahead of expec…
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