Explore the differences between current and capital accounts and how they affect a nation's net income and asset-liability balance.
The International Monetary Fund (IMF) has urged the United States to address its rising fiscal deficit as a key step toward ...
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 IMF's First Deputy Managing Director stressed the need for the U.S. to reduce its current account deficit, despite its weakened policy position. Still, the U.S. dollar remains central to the ...
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 ...
A current account surplus means that a country's exports are worth more than its imports. Learn how current accounts affect competitiveness in world trade.