Brazil policy rate in 2006 (8 changes)

Start of year18.00%

End of year13.25%Dec 31, 2006

Net change-475 bp0 hikes, 8 cuts

Average15.314%

Rank by level4 / 38

Changes in 2006

Date	From	To	Change
Jan 19, 2006	18.00%	17.25%	cut -75 bp
Mar 9, 2006	17.25%	16.50%	cut -75 bp
Apr 19, 2006	16.50%	15.75%	cut -75 bp
Jun 1, 2006	15.75%	15.25%	cut -50 bp
Jul 20, 2006	15.25%	14.75%	cut -50 bp
Aug 31, 2006	14.75%	14.25%	cut -50 bp
Oct 19, 2006	14.25%	13.75%	cut -50 bp
Nov 30, 2006	13.75%	13.25%	cut -50 bp

Compared with other areas at the end of 2006

Türkiye17.5%

Serbia14%

Iceland13.3%

Brazil13.25%

Russia11%

Indonesia9.75%

South Africa9%

Romania8.75%

Hungary8%

Philippines7.5%

Colombia7.5%

New Zealand7.25%

India7.25%

Mexico7.02%

Hong Kong6.75%

Kuwait6.25%

Australia6.25%

China6.12%

North Macedonia5.81%

United States5.25%

Chile5.25%

Saudi Arabia5.2%

Thailand5%

United Kingdom5%

Peru4.5%

South Korea4.5%

Israel4.5%

Canada4.25%

Poland4%

Denmark3.75%

Euro area3.5%

Norway3.5%

Malaysia3.5%

Morocco3.25%

Sweden3%

Czechia2.5%

Switzerland2%

Japan0.25%

Year-end rate over time

202613.75%

202515%

202412.25%

202311.75%

202213.75%

20219.25%

20202%

20194.5%

20186.5%

20177%

201613.75%

201514.25%

201411.75%

201310%

20127.25%

201111%

201010.75%

20098.75%

200813.75%

200711.25%

200613.25%

200518%

200417.75%

200316.5%

200225%

200119%

200015.75%

← 2005 2007 →

2006: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.