The European Central Bank released its monthly bulletin for October revealing nothing new to the markets as the bulletin reveals that the current interest rates are appropriate while conditions are stabilizing in the euro zone and an economic recovery is happening, but at a slow pace.

Expectations for inflation are that the central bank believes that in the medium term, they will remain below yet close to the set target rate of 2%, when prices stabilize in the medium term, this will help the euro zone purchasing power.

Regarding the outlook for the nation, it is brightening as a result of economic data from the zone chiming together showing that the economic deterioration is easing while exports will boost economic growth, yet there is high uncertainty as a result of the volatility economic fundamentals.