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How has the COVID-19 crisis affected different households consumption in the euro area?

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

State-by-state decisions on shutdowns minimise Covid s economic impact

Throughout much of 2020, the Trump administration deferred decision making regarding stay-at-home orders to the state and local level. The data-driven analysis in this column suggests that a national stay-at-home order at the onset of the pandemic, when the virus was spreading primarily in a small group of cities, may have imposed earlier and deeper economic costs on states

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