US Q1 current account -$291.4B vs -$273.5 billion expected

23/06/2022 | 12:27 GMT

US first quarter current account for Q1 2022

Prior was a deficit of 217.9B

This is a record and it's plunging fast. Despite that, the US dollar is easily the top-performing currency in the world this year. That's the 'exorbitant privilege' in action.

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