Policy-rate changes in 2024-03 (8)

Hikes2

Cuts6

Largest move+500 bp

Brazil-50 bp

Czechia-50 bp

Japan+15 bp

Switzerland-25 bp

Mexico-25 bp

Türkiye+500 bp

Colombia-50 bp

Hungary-75 bp

Date	Country / region	From	To	Change
Mar 21, 2024	Brazil	11.25%	10.75%	cut -50 bp
Mar 21, 2024	Czechia	6.25%	5.75%	cut -50 bp
Mar 21, 2024	Japan	-0.10%	0.05%	hike +15 bp
Mar 22, 2024	Switzerland	1.75%	1.50%	cut -25 bp
Mar 22, 2024	Mexico	11.25%	11.00%	cut -25 bp
Mar 22, 2024	Türkiye	45.00%	50.00%	hike +500 bp
Mar 26, 2024	Colombia	12.75%	12.25%	cut -50 bp
Mar 27, 2024	Hungary	9.00%	8.25%	cut -75 bp