The Commerce Department released a report on Thursday showing the U.S. trade deficit widened in the month of January amid a jump in the value of imports.
The report said the trade deficit increased to $67.4 billion in January from a revised $64.2 billion in December.
Economists had expected the trade deficit to widen to $63.5 billion from the $62.2 billion originally reported for the previous month.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.