.A details from Commerzbank on what is actually expected from the European Reserve Bank on October 17. TLDR is a 25bp fee cut.The analysts claim that the main vehicle driver responsible for the International Central Bank's (ECB) current posture is the crash of eurozone rising cost of living expectations. Market attendees realize that this gives the ECB a solid purpose for sustaining loosened monetary policy. Commerz claim the ECB will certainly have to revise its projected cost course lower. And also, on the euro, they mention that controlled rising cost of living assists the euro by decreasing the erosion of its own residential buying power, yet on the contrary, reduced interest rates stay a bad aspect. On the whole, though, they wrap up that the outlook for the euro appears grim. The down revision of inflation desires heightens the threat of Europe sliding back right into a state of 'lowflation,' which could compel the ECB to always keep rates of interest as reduced as feasible without trigger a choice up in inflation.