Central Bank RatesPolicy-rate changes in 2008-10 (32)
Hikes5
Cuts27
Largest move+600 bp
+25 bp
-100 bp
-50 bp
-25 bp
+40 bp
-50 bp
-125 bp
-50 bp
-27 bp
-150 bp
-25 bp
-50 bp
-50 bp
-350 bp
-50 bp
-50 bp
-50 bp
-100 bp
-25 bp
+300 bp
-100 bp
+50 bp
-75 bp
+600 bp
-50 bp
-50 bp
-27 bp
-50 bp
-25 bp
-25 bp
-50 bp
-20 bp
| Date | Country / region | From | To | Change |
|---|---|---|---|---|
| Oct 7, 2008 | Indonesia | 9.25% | 9.50% | hike +25 bp |
| Oct 8, 2008 | Australia | 7.00% | 6.00% | cut -100 bp |
| Oct 8, 2008 | Canada | 3.00% | 2.50% | cut -50 bp |
| Oct 8, 2008 | Switzerland | 2.75% | 2.50% | cut -25 bp |
| Oct 8, 2008 | Denmark | 4.60% | 5.00% | hike +40 bp |
| Oct 8, 2008 | United Kingdom | 5.00% | 4.50% | cut -50 bp |
| Oct 8, 2008 | Kuwait | 5.75% | 4.50% | cut -125 bp |
| Oct 8, 2008 | United States | 2.00% | 1.50% | cut -50 bp |
| Oct 9, 2008 | China | 7.20% | 6.93% | cut -27 bp |
| Oct 9, 2008 | Hong Kong | 3.50% | 2.00% | cut -150 bp |
| Oct 9, 2008 | South Korea | 5.25% | 5.00% | cut -25 bp |
| Oct 12, 2008 | Israel | 4.25% | 3.75% | cut -50 bp |
| Oct 12, 2008 | Saudi Arabia | 5.50% | 5.00% | cut -50 bp |
| Oct 15, 2008 | Iceland | 15.50% | 12.00% | cut -350 bp |
| Oct 15, 2008 | Sweden | 4.75% | 4.25% | cut -50 bp |
| Oct 15, 2008 | Euro area | 4.25% | 3.75% | cut -50 bp |
| Oct 16, 2008 | Norway | 5.75% | 5.25% | cut -50 bp |
| Oct 20, 2008 | India | 9.00% | 8.00% | cut -100 bp |
| Oct 21, 2008 | Canada | 2.50% | 2.25% | cut -25 bp |
| Oct 22, 2008 | Hungary | 8.50% | 11.50% | hike +300 bp |
| Oct 23, 2008 | New Zealand | 7.50% | 6.50% | cut -100 bp |
| Oct 24, 2008 | Denmark | 5.00% | 5.50% | hike +50 bp |
| Oct 27, 2008 | South Korea | 5.00% | 4.25% | cut -75 bp |
| Oct 28, 2008 | Iceland | 12.00% | 18.00% | hike +600 bp |
| Oct 29, 2008 | Sweden | 4.25% | 3.75% | cut -50 bp |
| Oct 29, 2008 | United States | 1.50% | 1.00% | cut -50 bp |
| Oct 30, 2008 | China | 6.93% | 6.66% | cut -27 bp |
| Oct 30, 2008 | Hong Kong | 2.00% | 1.50% | cut -50 bp |
| Oct 30, 2008 | Israel | 3.75% | 3.50% | cut -25 bp |
| Oct 30, 2008 | Kuwait | 4.50% | 4.25% | cut -25 bp |
| Oct 30, 2008 | Norway | 5.25% | 4.75% | cut -50 bp |
| Oct 31, 2008 | Japan | 0.50% | 0.30% | cut -20 bp |