Current Account

-1396000000

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Baker Hughes Oil Rig Count

US Crude Oil Rigs refer to the number of active US rigs drilling for oil in a given week.

Baker Hughes Total Rig Count

US Total Rigs refer to the number of active US rigs drilling in a given week.

Fed Waller Speech

In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.

23-Day Bill Auction

Budget Balance

-11410000000

The government budget balance is the difference between government revenues and expenses, excluding public debt charges. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.