David Mchugh, The Associated Press Auhtor Headshot Image

David Mchugh, The Associated Press

David Mchugh is a reporter with The Associated Press, an American not-for-profit news agency headquartered in New York City and founded in 1846.

Oil prices surge on Strait of Hormuz tanker disruptions Oil prices surge on Strait of Hormuz tanker disruptions

Economic Indicators

Oil prices surge on Strait of Hormuz tanker disruptions

European natural gas futures spike 42%

By David Mchugh, The Associated Press |March 2, 2026

2 min read

Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates

Policy

Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates

The ECB started cutting rates in June as worries about growth came into sharper focus

By David Mchugh, The Associated Press |November 29, 2024

2 min read

Inflation in Europe falls below central bank’s 2% target Inflation in Europe falls below central bank’s 2% target

Inflation in Europe falls below central bank’s 2% target

Falling energy prices providing relief from burst of inflation that reached double digits

By David Mchugh, The Associated Press |October 1, 2024

2 min read

European Central Bank cuts rates, again. Next up: The Fed European Central Bank cuts rates, again. Next up: The Fed

Policy

European Central Bank cuts rates, again. Next up: The Fed

Inflation in Europe is now down to 2.2%, close to the bank’s target of 2%

By David Mchugh, The Associated Press |September 12, 2024

4 min read

Report offers solutions for Europe’s sluggish economy Report offers solutions for Europe’s sluggish economy

Economic Indicators

Report offers solutions for Europe’s sluggish economy

The question is, how many of its recommendations will the EU act on?

By David Mchugh, The Associated Press  and  Lorne Cook, The Associated Press |September 10, 2024

4 min read

Inflation falls to 2.2% in Europe Inflation falls to 2.2% in Europe

Policy

Inflation falls to 2.2% in Europe

The door’s now open for the European Central Bank to cut interest rates

By David Mchugh, The Associated Press |August 30, 2024

3 min read

Inflation ticks up in Europe Inflation ticks up in Europe

Economic Indicators

Inflation ticks up in Europe

The rise in prices complicates the ECB's next decision on whether to cut interest rates

By David Mchugh, The Associated Press |July 31, 2024

2 min read

Europe’s growth lags U.S. again Europe’s growth lags U.S. again

Economic Indicators

Europe’s growth lags U.S. again

Germany, the leading European economy, remained in the dumps in the April-June quarter

By David Mchugh, The Associated Press |July 30, 2024

3 min read

ECB holds at 3.75% ECB holds at 3.75%

ECB holds at 3.75%

European Central Bank is waiting for signs that inflation is under control

By David Mchugh, The Associated Press |July 18, 2024

3 min read

LOAD MORE

More Columnists

Michael Campbell Image

Michael Campbell

Jeff Cait Image

Jeff Cait

Demutualization, AI and the independent advisor

May 11, 2026|7 min read

The renewal I almost didn’t make

May 6, 2026|3 min read

Neela White Image

Neela White

Health-care costs threaten the intergenerational wealth transfer pt. 2

April 23, 2026|4 min read

Health-care costs threaten the intergenerational wealth transfer

April 17, 2026|4 min read

Daniel Collison Image

Daniel Collison

10 steps to winning business with estate planning

May 8, 2026|4 min read

Network prospecting

March 25, 2026|5 min read

John Novachis Image

John Novachis

Is your junior advisor ready to take the lead?

February 11, 2026|4 min read

Here’s why advisors need a business continuity plan

October 22, 2025|4 min read

Robin Riviere Image

Robin Riviere

Benchmarking and peer groups: getting the comparison right

April 21, 2026|3 min read

Advisors don’t need more time — they need fewer bottlenecks

April 2, 2026|3 min read