A report released by the Commerce Department on Wednesday showed the U.S. trade deficit widened less than expected in the month of May.
The Commerce Department said the trade deficit rose to $75.1 billion in May from a revised $74.5 billion in April.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.