Policy-rate changes in 2023-06 (11)

Hikes10

Cuts1

Largest move+650 bp

Australia+25 bp

Canada+25 bp

Serbia+25 bp

Denmark+25 bp

China-10 bp

North Macedonia+25 bp

Euro area+25 bp

United Kingdom+50 bp

Switzerland+25 bp

Norway+50 bp

Türkiye+650 bp

Date	Country / region	From	To	Change
Jun 7, 2023	Australia	3.85%	4.10%	hike +25 bp
Jun 8, 2023	Canada	4.50%	4.75%	hike +25 bp
Jun 8, 2023	Serbia	6.00%	6.25%	hike +25 bp
Jun 16, 2023	Denmark	2.85%	3.10%	hike +25 bp
Jun 20, 2023	China	3.65%	3.55%	cut -10 bp
Jun 21, 2023	North Macedonia	5.75%	6.00%	hike +25 bp
Jun 21, 2023	Euro area	3.75%	4.00%	hike +25 bp
Jun 22, 2023	United Kingdom	4.50%	5.00%	hike +50 bp
Jun 23, 2023	Switzerland	1.50%	1.75%	hike +25 bp
Jun 23, 2023	Norway	3.25%	3.75%	hike +50 bp
Jun 23, 2023	Türkiye	8.50%	15.00%	hike +650 bp