Brazil policy rate in 2015 (5 changes)

Start of year11.75%

End of year14.25%Dec 31, 2015

Net change+250 bp5 hikes, 0 cuts

Average13.473%

Rank by level1 / 37

Changes in 2015

Date	From	To	Change
Jan 22, 2015	11.75%	12.25%	hike +50 bp
Mar 5, 2015	12.25%	12.75%	hike +50 bp
Apr 30, 2015	12.75%	13.25%	hike +50 bp
Jun 4, 2015	13.25%	13.75%	hike +50 bp
Jul 30, 2015	13.75%	14.25%	hike +50 bp

Compared with other areas at the end of 2015

Brazil14.25%

Russia11%

Türkiye7.5%

Indonesia7.5%

India6.75%

South Africa6.25%

Iceland5.75%

Colombia5.75%

Serbia4.5%

China4.35%

Philippines4%

Peru3.75%

Chile3.5%

Malaysia3.25%

Mexico3.25%

North Macedonia3.25%

New Zealand2.5%

Morocco2.5%

Kuwait2.25%

Saudi Arabia2%

Australia2%

Romania1.75%

Thailand1.5%

Poland1.5%

South Korea1.5%

Hungary1.35%

Norway0.75%

Hong Kong0.75%

United Kingdom0.5%

Canada0.5%

United States0.375%

Israel0.1%

Euro area0.05%

Czechia0.05%

Sweden-0.35%

Denmark-0.75%

Switzerland-0.75%

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%

← 2014 2016 →

2015: hikes and cuts worldwide →

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