Looking back on the past, I am filled with deep emotions. The news that the Bank of Japan might raise interest rates by 25 basis points this time reminds me of the Fed's monetary policy shift back in the day. At that time, the market was also in an uproar, and many people thought it was impossible. But history always repeats itself in astonishing ways, with cycles constantly recurring.

From the 1980s to now, I have witnessed many major turns in monetary policy. Each time, it triggers market turbulence, but ultimately the economy always adapts to the new normal. If the Bank of Japan actually raises interest rates this time, it will probably trigger another round of asset re-pricing. However, in the long run, moderate normalization of interest rates is beneficial to the economy.

Looking back at history, when the Fed started raising interest rates in 2015, it was very cautious. If the Bank of Japan truly takes action this time, it will likely proceed gradually. Investors need to closely monitor policy changes, but there is no need to panic excessively. After all, economic fundamentals are the long-term determining factor. From past experience, policy shifts often also create new investment opportunities.