Policy rates worldwide in 2016: 22 hikes, 36 cuts
Areas38
Hikes22
Cuts36
Median at year end1.875%
Rate at year end
13.75%
10%
8%
7.5%
7%
6.25%
5.75%
5%
4.75%
4.35%
4.25%
4%
3.75%
3.5%
3%
3%
2.5%
2.25%
2%
1.75%
1.75%
1.5%
1.5%
1.5%
1.25%
1%
0.9%
0.625%
0.5%
0.5%
0.25%
0.1%
0.05%
0%
-0.1%
-0.5%
-0.65%
-0.75%
Number of changes
8
7
5
3
3
2
2
2
2
2
2
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
All changes
| Date | Country / region | From | To | Change |
|---|---|---|---|---|
| Jan 8, 2016 | Denmark | -0.75% | -0.65% | hike +10 bp |
| Jan 14, 2016 | Indonesia | 7.50% | 7.25% | cut -25 bp |
| Jan 15, 2016 | Peru | 3.75% | 4.00% | hike +25 bp |
| Jan 29, 2016 | South Africa | 6.25% | 6.75% | hike +50 bp |
| Feb 1, 2016 | Colombia | 5.75% | 6.00% | hike +25 bp |
| Feb 11, 2016 | Serbia | 4.50% | 4.25% | cut -25 bp |
| Feb 12, 2016 | Peru | 4.00% | 4.25% | hike +25 bp |
| Feb 17, 2016 | Mexico | 3.25% | 3.75% | hike +50 bp |
| Feb 17, 2016 | Sweden | -0.35% | -0.50% | cut -15 bp |
| Feb 18, 2016 | Indonesia | 7.25% | 7.00% | cut -25 bp |
| Feb 22, 2016 | Colombia | 6.00% | 6.25% | hike +25 bp |
| Mar 10, 2016 | New Zealand | 2.50% | 2.25% | cut -25 bp |
| Mar 16, 2016 | Euro area | 0.05% | 0.00% | cut -5 bp |
| Mar 17, 2016 | Indonesia | 7.00% | 6.75% | cut -25 bp |
| Mar 18, 2016 | Norway | 0.75% | 0.50% | cut -25 bp |
| Mar 18, 2016 | South Africa | 6.75% | 7.00% | hike +25 bp |
| Mar 22, 2016 | Colombia | 6.25% | 6.50% | hike +25 bp |
| Mar 22, 2016 | Morocco | 2.50% | 2.25% | cut -25 bp |
| Mar 23, 2016 | Hungary | 1.35% | 1.20% | cut -15 bp |
| Apr 5, 2016 | India | 6.75% | 6.50% | cut -25 bp |
| Apr 27, 2016 | Hungary | 1.20% | 1.05% | cut -15 bp |
| May 2, 2016 | Colombia | 6.50% | 7.00% | hike +50 bp |
| May 4, 2016 | Australia | 2.00% | 1.75% | cut -25 bp |
| May 11, 2016 | North Macedonia | 3.25% | 4.00% | hike +75 bp |
| May 25, 2016 | Hungary | 1.05% | 0.90% | cut -15 bp |
| May 31, 2016 | Colombia | 7.00% | 7.25% | hike +25 bp |
| Jun 3, 2016 | Philippines | 4.00% | 3.00% | cut -100 bp |
| Jun 9, 2016 | South Korea | 1.50% | 1.25% | cut -25 bp |
| Jun 14, 2016 | Russia | 11.00% | 10.50% | cut -50 bp |
| Jun 16, 2016 | Indonesia | 6.75% | 6.50% | cut -25 bp |
| Jun 23, 2016 | Colombia | 7.25% | 7.50% | hike +25 bp |
| Jun 30, 2016 | Mexico | 3.75% | 4.25% | hike +50 bp |
| Jul 7, 2016 | Serbia | 4.25% | 4.00% | cut -25 bp |
| Jul 13, 2016 | Malaysia | 3.25% | 3.00% | cut -25 bp |
| Aug 1, 2016 | Colombia | 7.50% | 7.75% | hike +25 bp |
| Aug 3, 2016 | Australia | 1.75% | 1.50% | cut -25 bp |
| Aug 4, 2016 | United Kingdom | 0.50% | 0.25% | cut -25 bp |
| Aug 11, 2016 | New Zealand | 2.25% | 2.00% | cut -25 bp |
| Aug 19, 2016 | Indonesia | 6.50% | 5.25% | cut -125 bp |
| Aug 24, 2016 | Iceland | 5.75% | 5.25% | cut -50 bp |
| Sep 19, 2016 | Russia | 10.50% | 10.00% | cut -50 bp |
| Sep 21, 2016 | Japan | 0.05% | -0.10% | cut -15 bp |
| Sep 22, 2016 | Indonesia | 5.25% | 5.00% | cut -25 bp |
| Sep 29, 2016 | Mexico | 4.25% | 4.75% | hike +50 bp |
| Oct 4, 2016 | India | 6.50% | 6.25% | cut -25 bp |
| Oct 20, 2016 | Brazil | 14.25% | 14.00% | cut -25 bp |
| Oct 20, 2016 | Indonesia | 5.00% | 4.75% | cut -25 bp |
| Nov 10, 2016 | New Zealand | 2.00% | 1.75% | cut -25 bp |
| Nov 17, 2016 | Mexico | 4.75% | 5.25% | hike +50 bp |
| Nov 25, 2016 | Türkiye | 7.50% | 8.00% | hike +50 bp |
| Dec 1, 2016 | Brazil | 14.00% | 13.75% | cut -25 bp |
| Dec 14, 2016 | Iceland | 5.25% | 5.00% | cut -25 bp |
| Dec 14, 2016 | North Macedonia | 4.00% | 3.75% | cut -25 bp |
| Dec 15, 2016 | Hong Kong | 0.75% | 1.00% | hike +25 bp |
| Dec 15, 2016 | Kuwait | 2.25% | 2.50% | hike +25 bp |
| Dec 15, 2016 | Mexico | 5.25% | 5.75% | hike +50 bp |
| Dec 15, 2016 | United States | 0.375% | 0.625% | hike +25 bp |
| Dec 19, 2016 | Colombia | 7.75% | 7.50% | cut -25 bp |
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- 2018
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- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
- 2026
Daily policy-rate data compiled by the BIS. Not investment advice.