European Central Bank is expected to be the first rate hike in the fourth quarter

 European Central Bank said on Thursday that euro zone must pay close attention to the short-term price pressures, the market interpreted this, even if the euro zone central bank hinted deep debt crisis, which may raise interest rates to contain inflation.

Monday, according to an internationally renowned financial media (17) released survey, the European Central Bank (ECB) in the fourth quarter of expected interest rates unchanged, but for an early rate hike expected to heat up.

January 13 the European Central Bank decided to keep interest rates at a record low of 1.0%, unchanged This survey conducted after the median forecast, the fourth quarter of 2011, expected interest rates to 1.25% for the first time, and last week the central bank survey conducted prior to the meeting results.

survey median forecast, the first quarter 2012, the European Central Bank expected to raise interest rates to 1.25%, 6 by the end of another rate rise to 1.5%, and 10 by the end of 1.75%, to rise next year 2.0%. The last survey in June next year, before the interest rate forecast to reach 1.5%.

Recommended reading by the European debt crisis is a month break since the high of the euro on the spines of RMB

reasonable annual increases of 3% Fed officials: do not rule out raising interest rates during the year may be more stringent European Union will launch a U.S. currency bank stress tests tightening of policy or the British end of the year inflation increased sharply higher euro sterling fell across the board do not go or have a clue [RMB premium] [Quote Center]
After last Thursday (13) European Central Bank President Jean-Claude Trichet (Jean-Claude Trichet) more hard-line speech, 68 of the 15 analysts expected rate hike in October when the opportunity Before the previous survey of 71 respondents in the 12 think so.

Trichet also mentioned in his speech in 2008, Lehman eve of the crisis triggered a global financial system, the central bank has spawned interest rates to combat rising inflation.

Abstract: The survey showed analysts expect the ECB will raise interest rates for the first time in the fourth quarter, to 1.25%. After more hawkish Trichet last week's speech, 68 of the 15 analysts that while the European Central Bank rate hike in October 2011 the opportunity before.

However, analysts believe the ECB is still on hold in 2011 possible. 67 of 33 analysts surveyed expected the European Central Bank will keep interest rates unchanged until next year, the last survey of 71 analysts in 35 hold this view.

ABN Amro analyst Nick Kounis said: The market had expected this year will not raise interest rates before.