The Bank of Japan held a goods market policy meeting on the 31st local time, decided to adjust the current policy rate of 0% to 0.1% to 0.25%, the interest rate hike for the first time since the lifting of the negative interest rate policy in March this year, in addition, the Bank of Japan also decided to reduce the size of the purchase of Japanese treasury bonds in the next 1 to 2 years. March 19 this year, the Bank of Japan decided to end the negative interest rate policy, the policy rate from -0.1% to 0 to 0.1% range, for the Bank of Japan since February 2007, after 17 years for the first time to raise interest rates. The Bank of Japan is the first central bank in the world to implement a negative interest rate policy, and the Bank of Japan is attempting to stimulate economic growth and boost inflation through this non-traditional monetary policy tool.