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 ...

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

Brad Setser: Richard Iley of BNP Paribas – the author, with Mervyn Lewis, of a new book on the US current account deficit--- doesn’t see the world quite the way I do. I put a lot of emphasis on the ...

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.