Kristin Forbes
Kristin Forbes
Kristin J. Forbes is an American economist, presently an external member of the Monetary Policy Committee of the Bank of England and the Jerome and Dorothy Lemelson Professor of Management and Global Economics at the MIT Sloan School of Management...
adjustment bunch concern deficit factors global increasing instead raises seeing shows start trade unusual
We can't read too much into any one month's deficit, and there were a bunch of unusual factors this time. But this shows that the deficit is increasing instead of decreasing. It raises concern that we need to start seeing adjustment in the global trade imbalances soon.