A soft landing for the European economy could be slipping away, increasing pressure on policymakers to step up the pace of interest-rate cuts. Business surveys out Monday indicated that activity in the eurozone's two largest economies was much weaker than expected in September. Here is how markets reacted: + **An October rate cut is now on the table.** Derivatives markets show investors see the European Central bank's key rate at 3.31% next month, meaning they are pricing in almost a full quarter-point reduction from the current rate of 3.5%.