Policy-rate changes in 2014-07 (11)

Hikes5

Cuts6

Largest move-50 bp

Sweden-50 bp

Malaysia+25 bp

Peru-25 bp

Chile-25 bp

Türkiye-50 bp

South Africa+25 bp

Hungary-20 bp

New Zealand+25 bp

Russia+50 bp

Israel-25 bp

Philippines+25 bp

Date	Country / region	From	To	Change
Jul 9, 2014	Sweden	0.75%	0.25%	cut -50 bp
Jul 10, 2014	Malaysia	3.00%	3.25%	hike +25 bp
Jul 11, 2014	Peru	4.00%	3.75%	cut -25 bp
Jul 17, 2014	Chile	4.00%	3.75%	cut -25 bp
Jul 18, 2014	Türkiye	8.75%	8.25%	cut -50 bp
Jul 18, 2014	South Africa	5.50%	5.75%	hike +25 bp
Jul 23, 2014	Hungary	2.30%	2.10%	cut -20 bp
Jul 24, 2014	New Zealand	3.25%	3.50%	hike +25 bp
Jul 28, 2014	Russia	7.50%	8.00%	hike +50 bp
Jul 31, 2014	Israel	0.75%	0.50%	cut -25 bp
Jul 31, 2014	Philippines	3.50%	3.75%	hike +25 bp