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 ...
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 ...
WASHINGTON (Reuters) -The U.S. current account deficit contracted in the fourth quarter, but the improvement could be temporary as goods imports surged to a record high in January, driven by ...
WASHINGTON (Reuters) -The U.S. current account deficit widened to a record high in the first quarter as businesses front-loaded imports to avoid President Donald Trump's hefty tariffs on imported ...
The U.S. current account deficit contracted sharply in the third quarter, signaling an improvement in the nation’s balance with the rest of the world. According to the Commerce Department’s Bureau of ...
The Commerce Department reports on the U.S. current account trade deficit for the July-September quarter. The report will be released at 8:30 a.m. Eastern Wednesday. SMALLER DEFICIT: Economists ...
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US current account narrows sharply in second quarter
The U.S. current account deficit contracted by the most on record in the second quarter as a flood of imports subsided. The Commerce Department's Bureau of Economic Analysis said on Tuesday the ...
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