Hall and Woodford win Nobel economics prize for work behind central bank models
Robert E. Hall and Michael Woodford won the Nobel Prize in economics for work on the microeconomic foundations of macroeconomic…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
EU caps Chinese hybrid car imports at 350,000 a year
The European Commission has agreed with Beijing to cap Chinese hybrid car imports at 350,000 vehicles a year. EU leaders…
India’s retail inflation jumps to 5.54% in September, raising odds of more RBI rate hikes
India's retail inflation rose to 5.54% in September, near the upper end of the central bank's 2%-6% tolerance band. Food…
Saudi-backed forces launch Yemen campaign against Houthis as Riyadh airport stays shut
Saudi-backed forces in Yemen have launched a military campaign to defeat the Houthi militia, while Houthi strikes keep hitting Saudi…
UK business inflation pressures hit three-year high as IFS flags £35bn funding gap
UK businesses face their sharpest inflation pressures in three years, according to a BDO report. The Institute for Fiscal Studies…
