WASHINGTON — August CPI data did little to illuminate the price picture, showing instead that inflation remains in a narrow range at slightly under 2%, a very good result.

August CPI posted a 0.1% gain, and core rose 0.1% (0.127% unrounded), perhaps a little better than expected. These resulted in a 1.5% increase overall and a 1.8% jump in core as over-the-year rates.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.