Central Bank RatesPolicy-rate changes in 2008-11 (22)
Hikes3
Cuts19
Largest move+200 bp
-100 bp
-50 bp
+200 bp
-75 bp
-50 bp
-150 bp
-75 bp
-50 bp
-25 bp
+0 bp
+0 bp
+100 bp
-50 bp
-50 bp
-100 bp
-50 bp
-100 bp
-25 bp
-50 bp
-108 bp
-50 bp
-25 bp
| Date | Country / region | From | To | Change |
|---|---|---|---|---|
| Nov 1, 2008 | Saudi Arabia | 5.00% | 4.00% | cut -100 bp |
| Nov 3, 2008 | India | 8.00% | 7.50% | cut -50 bp |
| Nov 3, 2008 | Serbia | 15.75% | 17.75% | hike +200 bp |
| Nov 5, 2008 | Australia | 6.00% | 5.25% | cut -75 bp |
| Nov 6, 2008 | Switzerland | 2.50% | 2.00% | cut -50 bp |
| Nov 6, 2008 | United Kingdom | 4.50% | 3.00% | cut -150 bp |
| Nov 7, 2008 | Czechia | 3.50% | 2.75% | cut -75 bp |
| Nov 7, 2008 | Denmark | 5.50% | 5.00% | cut -50 bp |
| Nov 7, 2008 | South Korea | 4.25% | 4.00% | cut -25 bp |
| Nov 10, 2008 | Australia | 5.25% | 5.253% | cut 0 bp |
| Nov 11, 2008 | Australia | 5.253% | 5.25% | cut 0 bp |
| Nov 12, 2008 | Russia | 11.00% | 12.00% | hike +100 bp |
| Nov 12, 2008 | Euro area | 3.75% | 3.25% | cut -50 bp |
| Nov 14, 2008 | Israel | 3.50% | 3.00% | cut -50 bp |
| Nov 20, 2008 | Switzerland | 2.00% | 1.00% | cut -100 bp |
| Nov 20, 2008 | Türkiye | 16.75% | 16.25% | cut -50 bp |
| Nov 23, 2008 | Saudi Arabia | 4.00% | 3.00% | cut -100 bp |
| Nov 24, 2008 | Malaysia | 3.50% | 3.25% | cut -25 bp |
| Nov 25, 2008 | Hungary | 11.50% | 11.00% | cut -50 bp |
| Nov 27, 2008 | China | 6.66% | 5.58% | cut -108 bp |
| Nov 27, 2008 | Israel | 3.00% | 2.50% | cut -50 bp |
| Nov 27, 2008 | Poland | 6.00% | 5.75% | cut -25 bp |