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Tuesday, Oct 13

22:39 story USD

U.S. Economists Robert E. Hall and Michael Woodford Awarded 2026 Nobel Economics Prize for Macroeconomic Stabilization Research

U.S. economists Robert E. Hall and Michael Woodford have been awarded the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for their... 22:38 story CNY

EU and China Agree to Cap Hybrid Electric Vehicle Imports at 350,000 Annually

The European Union and China have reached a landmark four-year agreement to limit Chinese hybrid electric vehicle imports, aiming to address trade imbalances and protect European... 22:38 story USD

Fed’s Williams Signals One Final Rate Hike in 2026, No Further Increases in 2027

New York Federal Reserve President John Williams indicated that one more interest rate hike is likely this year, but he does not foresee additional increases in... 22:37 story KRW

IMF Raises 2024 Global Growth Outlook to 3.1% on AI, Warns of Resilience Limits and Geopolitical Risks

The International Monetary Fund (IMF) has upgraded its 2024 global growth forecast to 3.1% due to an AI-driven investment boom, while simultaneously cautioning about the global... 22:37 story USD

Fed’s Collins Signals Further Rate Hikes by Year-End Amid Persistent Inflation Concerns

Boston Federal Reserve President Susan Collins indicated that interest rates will likely need to rise further before the end of the year to curb persistent inflation,... 22:36 story RUB

U.S. President Trump Secures Russian Diesel Supply, Faces Congressional Backlash

President Donald Trump announced a deal for Russia to supply millions of tons of diesel to global markets, including the U.S., aiming to reduce fuel prices....