Brazil policy rate in 2009 (5 changes)

Start of year13.75%

End of year8.75%Dec 31, 2009

Net change-500 bp0 hikes, 5 cuts

Average10.143%

Rank by level4 / 38

Changes in 2009

Date	From	To	Change
Jan 22, 2009	13.75%	12.75%	cut -100 bp
Mar 12, 2009	12.75%	11.25%	cut -150 bp
Apr 30, 2009	11.25%	10.25%	cut -100 bp
Jun 12, 2009	10.25%	9.25%	cut -100 bp
Jul 23, 2009	9.25%	8.75%	cut -50 bp

Compared with other areas at the end of 2009

Serbia9.5%

Iceland9.125%

Russia8.75%

Brazil8.75%

North Macedonia8.5%

Romania8%

South Africa7%

Türkiye6.5%

Indonesia6.5%

Hungary6.25%

China5.31%

India4.75%

Mexico4.5%

Philippines4%

Australia3.75%

Poland3.5%

Colombia3.5%

Morocco3.25%

Kuwait3%

New Zealand2.5%

Saudi Arabia2%

Malaysia2%

South Korea2%

Norway1.75%

Thailand1.25%

Peru1.25%

Israel1.25%

Euro area1%

Czechia1%

Denmark0.95%

Hong Kong0.5%

United Kingdom0.5%

Chile0.5%

Switzerland0.375%

Sweden0.25%

Canada0.25%

United States0.125%

Japan0.1%

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%

← 2008 2010 →

2009: hikes and cuts worldwide →

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