.A keep in mind from Commerzbank on what is expected from the European Reserve Bank on Oct 17. TLDR is a 25bp cost cut.The experts claim that the main vehicle driver responsible for the European Reserve bank's (ECB) current standpoint is the failure of eurozone rising cost of living assumptions. Market attendees identify that this offers the ECB a solid reasoning for maintaining loosened monetary policy. Commerz mention the ECB will definitely need to change its predicted cost pathway lesser. And also, on the euro, they claim that suppressed rising cost of living assists the european by decreasing the disintegration of its domestic purchasing power, but on the contrary, reduced interest rates stay a negative element. Overall, though, they end that the outlook for the euro looks grim. The downward modification of rising cost of living requirements improves the danger of Europe sliding back into a state of 'lowflation,' which might urge the ECB to always keep rates of interest as low as achievable without trigger a selection up in rising cost of living.