Policy-rate changes in 2014-04 (6)

Hikes5

Cuts1

Largest move+50 bp

Brazil+25 bp

New Zealand+25 bp

Denmark+15 bp

Colombia+25 bp

Russia+50 bp

Hungary-10 bp

Date	Country / region	From	To	Change
Apr 3, 2014	Brazil	10.75%	11.00%	hike +25 bp
Apr 24, 2014	New Zealand	2.75%	3.00%	hike +25 bp
Apr 25, 2014	Denmark	-0.10%	0.05%	hike +15 bp
Apr 28, 2014	Colombia	3.25%	3.50%	hike +25 bp
Apr 28, 2014	Russia	7.00%	7.50%	hike +50 bp
Apr 30, 2014	Hungary	2.60%	2.50%	cut -10 bp