Congratulations to Robert E. Hall and Michael Woodford, recipients of the 2026 Nobel Prize in Economic Sciences, that was announced in Stockholm today. Their pioneering work on the microeconomic foundations of macroeconomic stabilization has reshaped how economists and policymakers understand inflation, growth and business cycles, and continues to influence central banks around the world. At UBS Nobel Perspectives, we celebrate research that helps us better understand the forces shaping economies and societies. #ShareUBS #Nobel #NobelLaureate #NobelPrize