macro_snapshot
Check the current euro-area macro regime by comparing HICP inflation, EU unemployment, and the ECB deposit facility rate. Returns restrictive, neutral, or accommodative, or unknown when data is missing.
Instructions
Deterministic macro regime read: HICP (Eurostat, tier A), unemployment (Eurostat, tier A; EU27_2020 by default because the euro-area aggregate is not published for une_rt_m) plus the ECB deposit facility rate (tier A). regime is restrictive/neutral/accommodative only when both HICP and the deposit rate are available; either missing makes it 'unknown' -- never guessed.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| geo | No | Eurostat geo for HICP (EA20 = euro area) | EA20 |
| unemployment_geo | No | Eurostat geo for unemployment; une_rt_m has no EA20 aggregate | EU27_2020 |