Two ECB Interest Rate Hikes Expected in 2011 Visit Paddy Power Save For Later Posted by Bettingpro Staff 2 Mar 2011 Tweet Related Articles See all Interest Rate news Share it Pin It Bookmaker Paddy Power are tipping there to be two interest rate hikes by the ECB before the year is out.Claim up to £100 in free bets when opening a new account at Paddy Power using bonus code MAXIMUMBONUSThe odds on the European Central Bank announcing two increases to the rate in 2011 are just 11/8 while the odds on making at least one are slightly bigger at 6/4. Either way tomorrow is likely to mark the end of an era where record low interest rates are concerned. The 1% rate will soon be a thing of the past as inflation continues to creep upwards and commodity prices continue to rise.The only good news for people is although ECB President Jean-Claude Trichet is expected to announce future plans to increase the rate, it’ll be a long time before we see interest rates peak at the seven year high of 4.25 percent that 2007 witnessed. Sharon McHugh, spokesperson for Paddy Power told Bettingpro: “It’s almost impossible to recall the days when interest rates were above 4%. For twenty-one months straight we’ve enjoyed a steady 1%. Although the rate is expected to increase, it should be slower and steadier.”How many increases in 2011? 4/1 None 6/4 One11/8 Two 4/1 Three 8/1 Four 6/1 Five or moreWhat will ECB rate increase by? 1/4 0.25%11/4 0.50%12/1 0.75%25/1 1.00% or more Read our Paddy Power review Get your £250 free bet at Paddypower Like Like Post to wall 535 Reads All Financial Betting News Recent Financial Betting Articles Two ECB Interest Rate Hikes Expected in 201102 Mar 2011Bookmaker Paddy Power are tipping there to be two interest rate hikes by the ECB before the year is More Stories Recent Articles Eurovision Song Contest 2012 Guide - Spain25 May 2012Spain have the best draw and a powerful performer but they face an uphill struggle to win Eurovisio Eurovision Song Contest 2012 Guide - Germany25 May 2012Germany's entry is one of the most professional of Eurovision 2012 but it Roman Lob's song Standing Irish 2000 Guineas Betting Tips - Who'll Win the Irish 2000 Guineas?25 May 2012Trainer Aidan O'Brien is responsible for four of the 11 colts that will go to post for Saturday's I Norway v England First Goalscorer Cashback at Boylesports25 May 2012Boylesports are continuing their popular First Goalscorer cashback promotion on Saturday's internat League One Play-off Final First Goalscorer Cashback at Boylesports25 May 2012Boylesports are continuing their popular First Goalscorer cashback promotion on Saturday's League O Eurovision Song Contest 2012 Betting – Sweden favourite for glory25 May 2012It is that time of year again in the world of music... it is Eurovision Song Contest this weekend! More Stories Tags Ecb Interest Rates, Expected Interest Rates, Interest Rate Rise Betting, Paddy Power
