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 ...

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 ...

The current account deficit represents a fiat currency imbalance between the imports and exports of a country. It happens ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...