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 ...

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 ...

The U.S. current account balance stood at -$190.7B in Q4 2025, compared with the -$211.0B consensus and narrowing from -$239.1B in the prior quarter (revised from -$226.4B), according to data released ...

Rising oil demand after Y2K did not materially worsen the current account situation because it was offset by IT services ...

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% ...