.A note from Commerzbank on what is actually expected from the International Central Bank on Oct 17. TLDR is a 25bp cost cut.The professionals say that the key motorist behind the International Central Bank's (ECB) current posture is the failure of eurozone rising cost of living assumptions. Market attendees recognize that this gives the ECB a solid rationale for preserving loose monetary policy. Commerz say the ECB is going to must revise its own projected rate road reduced. As well as, on the euro, they say that subdued rising cost of living sustains the european through slowing the erosion of its domestic buying power, but on the other hand, reduced interest rates remain a damaging element. In general, though, they conclude that the overview for the european appears grim. The down correction of rising cost of living requirements improves the danger of Europe slipping back in to a state of 'lowflation,' which could force the ECB to keep rate of interest as reduced as feasible without trigger a pick up in rising cost of living.