🌎Following the interest rate cuts by the Swedish and Brazilian central banks this week, 38.7% of central banks around the world have started to cut interest rates.
🇧🇷Brazil: 10.50% (-25 bps) on May 9, 2024
🇸🇪Sweden: 3.75% (-25 bps) on May 8, 2024
🇨🇿Czech Republic: 5.25% (-50 bps) on May 2, 2024
🇭🇺Hungary: 7.75% (-50 bps) on April 23, 2024
🇵🇪Peru: 6.00% (-25 bps) on April 11, 2024
🇨🇱Chile: 6.50% (-75 bps) on April 2, 2024
🇨🇭Switzerland: 6.00% (-25 bps) on March 21, 2024 1.50% (-25 bps)
🇲🇽Mexico: 11.00% (-25 bps) on March 21, 2024
🇮🇱Israel: 4.50% (-25 bps) on January 1, 2024
🇵🇱Poland: 5.75% (-25 bps) on October 4, 2023
🇨🇳China: 3.45% (-9 bp) on August 21, 2023
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