Policy-rate changes in 2014-02 (5)

Hikes1

Cuts4

Largest move-25 bp

Romania-25 bp

Chile-25 bp

Hungary-15 bp

Brazil+25 bp

Israel-25 bp

Date	Country / region	From	To	Change
Feb 5, 2014	Romania	3.75%	3.50%	cut -25 bp
Feb 19, 2014	Chile	4.50%	4.25%	cut -25 bp
Feb 19, 2014	Hungary	2.85%	2.70%	cut -15 bp
Feb 27, 2014	Brazil	10.50%	10.75%	hike +25 bp
Feb 27, 2014	Israel	1.00%	0.75%	cut -25 bp