Feb. 6 (Bloomberg) -- China’s inflation rate may slow to 3 percent to 3.5 percent in February after hitting 4.1 percent in January, according to Bank of America Corp.

The central bank may cut lenders’ reserve-requirement ratios once in the first quarter and three times in total this year, Ting Lu, China economist at Bank of America, said on Bloomberg Television from Hong Kong.

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net