Policy-rate changes in 2013-06 (5)

Hikes1

Cuts4

Largest move-25 bp

Poland-25 bp

Serbia-25 bp

North Macedonia-16 bp

Indonesia+25 bp

Hungary-25 bp

Date	Country / region	From	To	Change
Jun 6, 2013	Poland	3.00%	2.75%	cut -25 bp
Jun 6, 2013	Serbia	11.25%	11.00%	cut -25 bp
Jun 12, 2013	North Macedonia	3.37%	3.21%	cut -16 bp
Jun 13, 2013	Indonesia	5.75%	6.00%	hike +25 bp
Jun 26, 2013	Hungary	4.50%	4.25%	cut -25 bp