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According to CCTV News, the Bank of Japan may raise its policy interest rate from 0.75% to 1.0% at its monetary policy meeting scheduled for the 15th to 16th of this month. Kato Izumi, the president of Japan's East Short Research Company, believes that raising interest rates will bring pressure to the lives of small and medium-sized enterprises and ordinary Japanese households, and the impact on the Japanese yen exchange rate remains to be observed.