As always, the attention was on the CPI, and the desired results were obtained, which was a relief. However, the number of new initial unemployment insurance claims announced at the same time was lower than expected, and I wondered what this meant.
It is very welcome that interest rates are falling. However, I was planning to redeem dollar-denominated bonds due on the 15th in yen, but as the yen has rapidly appreciated, I am not sure what to do. It would have been nice if the CPI announcement had been next week.
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