Policy-rate changes in 2009-11 (8)

Hikes2

Cuts6

Largest move-100 bp

Australia+25 bp

Iceland-12 bp

Serbia-100 bp

Türkiye-25 bp

Colombia-50 bp

Hungary-50 bp

Russia-50 bp

Israel+25 bp

Date	Country / region	From	To	Change
Nov 4, 2009	Australia	3.25%	3.50%	hike +25 bp
Nov 5, 2009	Iceland	9.75%	9.625%	cut -12 bp
Nov 5, 2009	Serbia	11.00%	10.00%	cut -100 bp
Nov 20, 2009	Türkiye	6.75%	6.50%	cut -25 bp
Nov 24, 2009	Colombia	4.00%	3.50%	cut -50 bp
Nov 24, 2009	Hungary	7.00%	6.50%	cut -50 bp
Nov 25, 2009	Russia	9.50%	9.00%	cut -50 bp
Nov 26, 2009	Israel	0.75%	1.00%	hike +25 bp