.A details coming from Commerzbank on what is expected from the European Reserve Bank on October 17. TLDR is actually a 25bp price cut.The professionals suggest that the main driver behind the European Central Bank's (ECB) current posture is the crash of eurozone rising cost of living desires. Market attendees realize that this provides the ECB a solid rationale for preserving loose financial policy. Commerz say the ECB will have to change its predicted rate path lesser. As well as, on the euro, they state that subdued rising cost of living sustains the euro through reducing the disintegration of its own residential purchasing power, but meanwhile, reduced interest rates continue to be an adverse variable. In general, however, they wrap up that the outlook for the euro looks stark. The descending correction of rising cost of living desires improves the risk of Europe slipping back into a state of 'lowflation,' which could oblige the ECB to keep rate of interest as low as feasible without trigger a choice up in inflation.