The 2026 Nobel Memorial Prize in Economic Sciences was awarded to Robert E. Hall and Michael Woodford.

What it means

The 2026 Nobel Memorial Prize in Economic Sciences has been awarded to American economists Robert E. Hall and Michael Woodford. They are recognized for their foundational work on the microeconomic underpinnings of macroeconomics—essentially, how individual decisions about consumption, saving, and investment collectively shape the broader economy. Their research has been highly influential in central banking and monetary policy design.

Accuracy & sourcesGrounded

The claim is solid. The primary source is the official announcement by the Royal Swedish Academy of Sciences, and it has been reported by multiple reputable outlets including Bloomberg, the Financial Times, and Le Monde. The reporting closely reflects the academy's citation.

How new

Genuinely new: the prize was announced on October 12, 2026, and this is the first wave of reporting.

Go deeper

• Bloomberg (via Google News) — first to publish