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Wu Shuo learned that the Bank of Japan announced that on June 16, the Policy Board, with 7 votes in favor and 1 against, decided to raise interest rates by 25 basis points, guiding the unsecured overnight borrowing rate target to around 1.0%, effective from June 17. The Bank of Japan stated that the price pass-through caused by rising crude oil prices may spread to the consumer side, and there is an upside risk that the core inflation rate could exceed the 2% target. TBS NEWS DIG reported that the 1.0% policy interest rate is the highest in about 31 years since 1995.