Daily Note | March 12, 2024 | FS Boosts Div By 5.3%

Today is CPI day and the data came in basically as expected if you move out to a second decimal point. Core CPI rose +0.36% and was up 3.8% y/y. The 6-month annualized rate was also 3.8%, and 3-month annualized rate was 4.3%. While close, it is again higher than forecast for the 8th month in a row.

The +0.36 is down slightly from the February data point …