Policy-rate changes in 2005-07 (9)

Hikes6

Cuts3

Largest move+25 bp

Mexico-1 bp

Norway+25 bp

Hong Kong+25 bp

Kuwait+25 bp

Saudi Arabia+25 bp

Chile+25 bp

Hungary-25 bp

Thailand+25 bp

Poland-25 bp

Date	Country / region	From	To	Change
Jul 1, 2005	Mexico	9.76%	9.75%	cut -1 bp
Jul 1, 2005	Norway	1.75%	2.00%	hike +25 bp
Jul 2, 2005	Hong Kong	4.50%	4.75%	hike +25 bp
Jul 3, 2005	Kuwait	5.25%	5.50%	hike +25 bp
Jul 3, 2005	Saudi Arabia	3.50%	3.75%	hike +25 bp
Jul 13, 2005	Chile	3.25%	3.50%	hike +25 bp
Jul 19, 2005	Hungary	7.00%	6.75%	cut -25 bp
Jul 20, 2005	Thailand	2.50%	2.75%	hike +25 bp
Jul 28, 2005	Poland	5.00%	4.75%	cut -25 bp