Compiled by: GaryMa Wu Talks about Blockchain

summary
Wu said this week's macro indicators and analysis: Last week, the European Central Bank cut interest rates as expected, the third rate cut in this rate cut cycle; this week's focus will be on the Federal Reserve's Beige Book on economic conditions and the IMF's Global Economic Outlook report.

Last week review

  • Fed Governor Waller called for "caution" in cutting interest rates.

  • The European Central Bank cut interest rates by 25 basis points as expected, lowering the deposit facility rate from 3.5% to 3.25%, marking the third rate cut in this rate cut cycle.

  • The number of initial jobless claims in the United States for the week ending October 12 was 241,000, compared with 258,000 in the previous week.

  • Japan's core CPI annual rate in September was 2.4%, in line with expectations of 2.3% and the previous value of 2.8%.


This week's key events & indicators
October 22

  • 2025 FOMC voting member and Kansas City Fed President Schmid speaks on the economic and monetary policy outlook (05:05)

  • IMF releases global economic outlook report (21:00)


October 23

  • Bank of Canada interest rate decision on October 23 (21:45)

  • ECB President Lagarde speaks on the European economic outlook (22:00)


October 24

  • The Federal Reserve releases the Beige Book on economic conditions (02:00)

  • Number of initial jobless claims in the United States for the week ending October 19 (10,000 people) (20:30)


October 25

  • Final value of the University of Michigan Consumer Confidence Index for October (22:00)

#IMF