.A note from Commerzbank about what is anticipated from the European Reserve Bank on October 17. TLDR is a 25bp fee cut.The experts suggest that the main vehicle driver behind the International Reserve bank's (ECB) present posture is the failure of eurozone rising cost of living desires. Market participants acknowledge that this provides the ECB a sound purpose for keeping loosened financial policy. Commerz state the ECB will need to change its forecasted price path reduced. And, on the euro, they point out that controlled rising cost of living supports the euro through reducing the destruction of its own residential purchasing power, but on the contrary, reduced interest rates stay a bad factor. In general, though, they wrap up that the overview for the european shows up bleak. The descending revision of inflation expectations elevates the risk of Europe slipping back in to a state of 'lowflation,' which can urge the ECB to keep rates of interest as low as feasible without trigger a selection up in rising cost of living.