UPDATE 2-China cuts short-term funding rate for first time since 2015 <!-- no image --> <div>* PBOC takes cautious pro-growth move amid high CPI - analysts<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=9ChsgTv-ngA:ecfvab02ryQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=9ChsgTv-ngA:ecfvab02ryQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=9ChsgTv-ngA:ecfvab02ryQ:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=9ChsgTv-ngA:ecfvab02ryQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=9ChsgTv-ngA:ecfvab02ryQ:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/9ChsgTv-ngA" height="1" width="1" alt=""></div> Posted by Reuters