Breaking News: Inflation was quicker than expected in March, likely unwelcome news for the Fed

View in browser | nytimes.com   BREAKING NEWS U.S. consumer prices rose 3.5 percent in the year through March, an unexpectedly sharp pickup in the rate of inflation. Wednesday, April 10, 2024 8:51 AM ET The surprisingly stubborn inflation reading could raise doubts about when the Federal Reserve will be able to start cutting interest rates and how much it will be able to reduce borrowing costs this year. Read more   ADVERTISEMENT You received this email because you signed up for NYTimes.com's Breaking News Alerts. To stop receiving Breaking News Alerts, unsubscribe. To opt out of other promotional emails from the Times, manage your email preferences. Subscribe to the Times Get the NYT app Change Your Email Privacy Policy Contact Advertise California Notice The New York Times Company, 620 Eighth Avenue, New York, NY 10018