Europe’s anti-American itch – POLITICO

Europe's anti-American itch – POLITICO

Press play to listen to this article Voiced by artificial intelligence. BERLIN — It’s gotten cold in Europe, the economy is tanking and the natives are getting restless. There’s only one answer: Blame America. Pointing across the Atlantic has long been a favorite diversionary tactic for Europe’s political elites when things start to get dicey … Read more

Transient inflation talk is back. But economists say higher prices here to stay

Transient inflation talk is back.  But economists say higher prices here to stay

Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. andrew kelly | Reuters Global markets have taken heart in recent weeks from data indicating that inflation may have peaked, but economists warn against the return of the “transitory” inflation narrative. Stocks bounced when October’s US … Read more

Not having an emergency fund can lead to big money mistake: Suze Orman

Not having an emergency fund can lead to big money mistake: Suze Orman

Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios In New York. jenny anderson | WireImage | Getty Images If your car breaks down or you have an unexpected medical bill, it may be tough to come up with the cash to cover the expense. In a pinch, it can be tempting to … Read more

Transient inflation talk is back. But economists say higher prices here to stay

Transient inflation talk is back.  But economists say higher prices here to stay

Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. andrew kelly | Reuters Global markets have taken heart in recent weeks from data indicating that inflation may have peaked, but economists warn against the return of the “transitory” inflation narrative. Stocks bounced when October’s US … Read more

Europe’s anti-American itch – POLITICO

Europe's anti-American itch – POLITICO

Press play to listen to this article Voiced by artificial intelligence. BERLIN — It’s gotten cold in Europe, the economy is tanking and the natives are getting restless. There’s only one answer: Blame America. Pointing across the Atlantic has long been a favorite diversionary tactic for Europe’s political elites when things start to get dicey … Read more

5 money moves to make now to stay ahead of inflation

5 money moves to make now to stay ahead of inflation

A customer pumps gas into their car at a gas station on May 18, 2022 in Petaluma, California. Justin Sullivan | Getty Images Soaring inflation and record gas prices are wreaking havoc with many people’s wallets. The percentage of Americans feeling the effects of inflation to a high degree has ticked up, according to a … Read more

EUR/USD exposed to 1.0300 as Eurozone stars a recession, Fed Powell’s speech in focus

EUR/USD exposed to 1.0300 as Eurozone stars a recession, Fed Powell's speech in focus

EUR/USD has turned sideways as investors await the release of the Eurozone HICP for further guidance. After hawkish comments from Federal Reserve policymakers, the speech from Jerome Powell has become more critical. The Eurozone economy is staring at a recession as interest rates are rising despite unfavorable economic developments. EUR/USD is expected to decline to … Read more

EU countries say action needed against US subsidies but options are limited

EU countries say action needed against US subsidies but options are limited

European trade ministers gathered in Brussels on Friday to discuss the “discriminatory” US Inflation Reduction Act but with just over a month to go before the legislation comes into force, there appears to be no concrete solution on the table yet. The main issue for Europe is to ensure it doesn’t enter into a trade … Read more

Berlin warms to France’s ‘Buy European’ plans as global trade rules erode – POLITICO

Berlin warms to France's 'Buy European' plans as global trade rules erode – POLITICO

Press play to listen to this article Voiced by artificial intelligence. BERLIN — Threatened by a new US subsidy package that could hammer EU industry, Germany is rowing back on its long-standing objections to schemes like France’s “Buy European Act” that would set provisions on buying goods locally. Berlin’s increasing sympathy for the French approach … Read more

EUR/USD turns dry above 1.0400 amid quiet market mood, Eurozone Gas price structure eyed

EUR/USD turns dry above 1.0400 amid quiet market mood, Eurozone Gas price structure eyed

EUR/USD has turned sideways above 1.0400 due to less trading activity amid Thanksgiving Day. Federal Reserve is set to ditch the 75 bps rate hike measure to safeguard the economy from financial risks. European Central Bank is bound to tighten policy further to slow down inflationary pressures. EUR/USD is likely to remain in the grip … Read more