Policy-rate changes in 2012-11 (7)

Hikes2

Cuts5

Largest move-25 bp

Israel-25 bp

Czechia-20 bp

Poland-25 bp

Serbia+20 bp

Iceland+25 bp

Colombia-25 bp

Hungary-25 bp

Date	Country / region	From	To	Change
Nov 1, 2012	Israel	2.25%	2.00%	cut -25 bp
Nov 2, 2012	Czechia	0.25%	0.05%	cut -20 bp
Nov 8, 2012	Poland	4.75%	4.50%	cut -25 bp
Nov 8, 2012	Serbia	10.75%	10.95%	hike +20 bp
Nov 14, 2012	Iceland	5.125%	5.375%	hike +25 bp
Nov 26, 2012	Colombia	4.75%	4.50%	cut -25 bp
Nov 28, 2012	Hungary	6.25%	6.00%	cut -25 bp