The typical U.S. household is spending $445 more a month due to inflation

Mortgage Rates Hold Near 1-Month Low

Rates on 30-year loans kept steady Friday at 7.08%, just a couple of basis points above their lowest level since early April. Rates for most other mortgage types were also relatively flat.

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SABRINA KARL

May 13, 2024

Gold Price on May 13: Rate Slips Amid Concerns About Inflation

The spot price of gold reversed two days of gains, dropping about 1.1% to $2,335.53 per ounce as of 4:30 p.m. ET Monday amid concerns about inflation and the potential impact it could have on the Federal Reserve's stance on interest rates after a report from the Federal Reserve Bank of New York found consumers anticipated steeper price increases over the coming year in April than they did in March.

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Bill McColl

May 13, 2024

Forex Market Sentiment Indicators

According to a 2022 triennial report by the Bank for International Settlements (BIS), there are, on average, $7.5 trillion of forex transactions on a daily basis. 1 With so many participants—most of whom are trading for speculative reasons—gaining an edge in the forex market is crucial.

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Cory Mitchell

May 12, 2024

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