[macro outlook] focus on the main refinancing rate of the European Central Bank in the euro zone in October

SMM10 March 29: today we focus on the main refinancing rate of the European Central Bank in October in the euro zone.

In terms of data, the unemployment rate in Germany after the quarterly adjustment in October, the unemployment rate is one of the most important economic indicators, which is deeply affected by the supply and demand of the labor market and the economic cycle. The level of the unemployment rate also reflects the operation of the economy. Although seen as a lagging indicator, unemployment is an important indicator of overall economic health, as consumer spending is highly correlated with job market conditions.

The final value of the euro zone consumer confidence index for October, released by Eurostat, can reflect its views on the outlook for the economy and personal income. Through changes in the economic climate index, it can reflect the expectations of consumers and business owners for the future economy and consumption, which is a leading indicator and plays a predictive role in the future economic direction.

The economic climate index of the euro zone in October, through the changes in the economic climate index, can reflect the expectations of consumers and business owners for the future economy and consumption, and predict the future economic direction.

The number of people applying for unemployment benefits in the week ended October 24 in the United States, and the number of people applying for unemployment benefits for the first time is one of the indicators that reflect the state of the domestic labor market, counting the number of people who apply for unemployment benefits for the first time.

In the United States, the real annualized quarterly rate of GDP in the third quarter was at the beginning of the year, with a sharp increase in GDP, reflecting the country's booming economy, increased national income and increased spending power. In this case, the country's central bank will be likely to raise interest rates, tighten the money supply, the country's good economic performance and rising interest rates will increase the attractiveness of the country's currency.

In October, the European Central Bank of the euro zone mainly refinancing rate, refinancing rate, to achieve the goal of price stability. The refinancing rate is the interest rate at which commercial banks can borrow money from the central bank. This is a tool for the central bank to implement monetary policy, which is used to affect the liquidity and lending rates in the interbank market, and in turn affect the deposit and lending rates of commercial banks to the public.

The initial annual rate of CPI in Germany in October is a measure of the price of a fixed basket of consumer goods, which mainly reflects changes in the prices of goods and services paid by consumers. It is also a tool for measuring the level of inflation, expressed in the form of percentage changes. At the same time, it is also used to measure the price changes of products and services related to the lives of residents.