Nouriel has already commented on the Economic Report of the President. He didn’t exactly like its international chapter. It didn’t rub me the wrong way quite as strongly - in part because I am more ...
The U.S. Current Account deficit narrowed 43% to -$251.3B in Q2 2025 from -$439.8B prior (revised from -$450.2B) in Q1, as tariffs depressed imports, according to data released by the U.S. Bureau of ...
Q1 Current Account:-$450.2B vs. -$442.8B consensus and -$312.0B prior (revised from -$194.8B), according to data from the U.S. Bureau of Economic Analysis. The wider deficit mostly reflected an ...
Richard Cooper has an oped in today’s FT (avaible here, subscription needed) arguing that the US current account deficit is “not only sustainable, it is perfectly logical”. Cooper argues that a $500 ...
The U.S.'s current account balance was -$310.9B in Q3, wider than the -$286.0B shortfall expected and Q2's -$275.0B, which was revised from -$266.8B, the Bureau of Economic Analysis said on Wednesday.
Goldman Sachs said it has lowered its estimate of India's current account deficit by around 0.25% of GDP to 0.8% of GDP in ...