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macroeconomics

Dimon says US economy in 'good times,' flags inflation and war risks

Illustration accompanying article: Dimon says US economy in 'good times,' flags inflation and war risks
  • JPMorgan Chase CEO Jamie Dimon told the WSJ Leadership Institute the U.S. economy remains in "good times," citing corporate profits, low unemployment and low debt levels.
  • Dimon flagged wars abroad, large government deficits and "sticky" inflation among risks to the outlook, calling inflation a five-year-old concern.
  • The Commerce Department raised its estimate of second-quarter GDP growth to 2.2%, up from a prior 1.5%, partly on data center investment.
  • Dimon said predicting a downturn is "too hard to know" and that JPMorgan prepares by extensively analyzing potential risks.
 2026-10-19 · 3 MIN READ

2026 Nobel cycle ends with $1.2 million economics prize to Hall and Woodford

Illustration accompanying article: 2026 Nobel cycle ends with $1.2 million economics prize to Hall and Woodford
  • The Royal Swedish Academy of Sciences on Monday awarded the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Stanford University professor Robert E. Hall and Columbia University professor Michael Woodford.
  • Hall and Woodford were recognized for macroeconomic models for developing fiscal and monetary responses that can flatten out the peaks and troughs of the economic cycle.
  • Prize committee chair John Hassler said the laureates' work provided "a stable theoretical foundation for the models that are now used by central banks and governments around the world."
  • Hall and Woodford will share the $1.2 million prize, established by Sweden's central bank in 1968.
 2026-10-12 · 3 MIN READ
Illustration accompanying article: Bank of England holds rate at 3.75% while Fed, ECB raise theirs