Policy-rate changes in 2026-09 (11)

Hikes9

Cuts2

Largest move-25 bp

Israel-25 bp

New Zealand+25 bp

Denmark+25 bp

Saudi Arabia+25 bp

Euro area+25 bp

Brazil-25 bp

Hong Kong+25 bp

United States+25 bp

Japan+25 bp

Norway+25 bp

South Africa+25 bp

Date	Country / region	From	To	Change
Sep 3, 2026	Israel	3.50%	3.25%	cut -25 bp
Sep 3, 2026	New Zealand	2.50%	2.75%	hike +25 bp
Sep 11, 2026	Denmark	1.85%	2.10%	hike +25 bp
Sep 16, 2026	Saudi Arabia	4.25%	4.50%	hike +25 bp
Sep 16, 2026	Euro area	2.25%	2.50%	hike +25 bp
Sep 17, 2026	Brazil	14.00%	13.75%	cut -25 bp
Sep 17, 2026	Hong Kong	4.00%	4.25%	hike +25 bp
Sep 17, 2026	United States	3.625%	3.875%	hike +25 bp
Sep 24, 2026	Japan	1.00%	1.25%	hike +25 bp
Sep 25, 2026	Norway	4.25%	4.50%	hike +25 bp
Sep 25, 2026	South Africa	7.00%	7.25%	hike +25 bp