Policy-rate changes in 2014-09 (7)

Hikes2

Cuts5

Largest move+25 bp

Colombia+25 bp

Denmark-10 bp

Euro area-10 bp

Peru-25 bp

Philippines+25 bp

Chile-25 bp

Morocco-25 bp

Date	Country / region	From	To	Change
Sep 1, 2014	Colombia	4.25%	4.50%	hike +25 bp
Sep 5, 2014	Denmark	0.05%	-0.05%	cut -10 bp
Sep 10, 2014	Euro area	0.15%	0.05%	cut -10 bp
Sep 11, 2014	Peru	3.75%	3.50%	cut -25 bp
Sep 11, 2014	Philippines	3.75%	4.00%	hike +25 bp
Sep 12, 2014	Chile	3.50%	3.25%	cut -25 bp
Sep 23, 2014	Morocco	3.00%	2.75%	cut -25 bp