Policy-rate changes in 2011-07 (8)

Hikes7

Cuts1

Largest move+50 bp

Sweden+25 bp

China+25 bp

Serbia-25 bp

Denmark+25 bp

Thailand+25 bp

Euro area+25 bp

Brazil+25 bp

India+50 bp

Date	Country / region	From	To	Change
Jul 6, 2011	Sweden	1.75%	2.00%	hike +25 bp
Jul 7, 2011	China	6.31%	6.56%	hike +25 bp
Jul 7, 2011	Serbia	12.00%	11.75%	cut -25 bp
Jul 8, 2011	Denmark	0.95%	1.20%	hike +25 bp
Jul 13, 2011	Thailand	3.00%	3.25%	hike +25 bp
Jul 13, 2011	Euro area	1.25%	1.50%	hike +25 bp
Jul 21, 2011	Brazil	12.25%	12.50%	hike +25 bp
Jul 26, 2011	India	7.50%	8.00%	hike +50 bp