Policy-rate changes in 2015-07 (6)

Hikes2

Cuts4

Largest move+50 bp

Sweden-10 bp

Canada-25 bp

Hungary-15 bp

New Zealand-25 bp

South Africa+25 bp

Brazil+50 bp

Date	Country / region	From	To	Change
Jul 8, 2015	Sweden	-0.25%	-0.35%	cut -10 bp
Jul 15, 2015	Canada	0.75%	0.50%	cut -25 bp
Jul 22, 2015	Hungary	1.50%	1.35%	cut -15 bp
Jul 23, 2015	New Zealand	3.25%	3.00%	cut -25 bp
Jul 24, 2015	South Africa	5.75%	6.00%	hike +25 bp
Jul 30, 2015	Brazil	13.75%	14.25%	hike +50 bp