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 ...

Washington – The U.S. current account deficit narrowed sharply in the fourth quarter, hitting the lowest level in nearly five years, amid a rise in primary income and a reduction in the goods trade ...

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 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 ...