I will give the IMF a free pass for missing the 2025 current account surplus (it was 3.7% of GDP not 3.3% of GDP), but there is NO basis for forecasting that it will fall to 2.8% of GDP over the next two years! https://t.co/pVDpchoGzi
Original source ↗  |  February 19, 2026 at 02:18 UTC  |  Twitter - @Brad_Setser

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