Brad Setser: Richard Iley of BNP Paribas – the author, with Mervyn Lewis, of a new book on the US current account deficit--- doesn’t see the world quite the way I do. I put a lot of emphasis on the ...
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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 ...
By David Lawder WASHINGTON, Feb 25 (Reuters) - The International Monetary Fund on Wednesday called on the United States to reduce its growing fiscal deficit as the best way to bring down current ...
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 ...
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 ...
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