IMF calls for US fiscal consolidation to bring down 'too big' current account deficit

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 ...

Current vs. Capital Accounts: Understanding Balance of Payments

Explore the differences between current and capital accounts and how they affect a nation's net income and asset-liability balance.
EconoTimes

IMF Urges U.S. to Cut Fiscal Deficit to Reduce Trade and Current Account Gaps

The International Monetary Fund (IMF) has urged the United States to address its rising fiscal deficit as a key step toward narrowing the countrys large current account and trade deficits. Following ...
Seeking Alpha

Current account deficit narrows 43% in Q2, slightly more than expected

The U.S. Current Account deficit narrowed 43% to -$251.3B in Q2 2025 from -$439.8B prior (revised from -$450.2B) in Q1, as tariffs depressed imports, according to data released by the U.S. Bureau of ...
Seeking Alpha

Q1 current account deficit widens more than expected

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 ...

What Is a Current Account Surplus?

A current account surplus means that a country's exports are worth more than its imports. Learn how current accounts affect competitiveness in world trade.