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 US is not immune to capital flow reversals simply because its liabilities are increasingly equity-denominated. But the nature of the stress is fundamentally different from a sovereign payments ...

September 29, 2005—The United States must confront the alarmingly high federal budget and current account deficits, urges a new Council Special Report. “Failure to take the initiative to reduce the ...

Q3 2025 U.S. Current Account: -$226.4B vs. -$235B consensus and -$249.2B prior (revised from -$251.3B), according to data released by the U.S. Bureau of Economic Analysis on Wednesday. The 9.2% ...

LONDON, June 25 (Reuters) - The U.S. balance of payments gap as a share of annual economic output hit its widest point in almost 20 years during the first quarter. Rather ominously, the last time it ...

The trade deficit has long been a fixture in political debates, often presented as a sign that America is falling behind economically. Candidates talk about it as if it's a national failing, something ...