At the beginning of this week, the Japanese stock market and foreign exchange market experienced strong fluctuations due to factors such as the Bank of Japan's increase in policy interest rates and the US economic data being less than expected. Previously, Kazuo Ueda, the governor of the Bank of Japan, said that the increase in policy interest rates will not have a major negative impact on the economy. However, Japanese economists pointed out that for the market, there are still shocks and fluctuations. And in the future, the Bank of Japan may continue to raise interest rates. Yoshio Kumano, Chief Economic Analyst of the Economic Research Department of Japan's First Life Research Institute: Although the Bank of Japan's interest rate hike was very small, it triggered a huge chain reaction such as the appreciation of the yen and the decline in the stock market. So I think the Bank of Japan's interest rate hike actually caused a major impact on the market. Despite this, I don't think the Bank of The Bank of Japan has already announced at its July 31 press conference that it will continue to raise interest rates as planned if price increases stabilize beyond 2 percent as expected, although no specific timing has been announced.