This also points to the difficulty of measuring capital controls and, by extension, the degree of capital account liberalization undertaken. The IMF (which has jurisdiction over current account, but ...
AS IF the yuan was not already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US tariffs, the currency faces an additional downdraft: a flood of money ...
On Tuesday, Capital Economics highlighted the growing vulnerabilities in the US economy, specifically pointing to the twin deficits—the Federal budget deficit and the current account deficit.