Reflecting a sharp increase in the value of exports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit narrowed in the month of June.
The Commerce Department said the trade deficit narrowed to $50.7 billion in June from a revised $54.8 billion in May.
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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.