A look at some of the key business events and economic indicators upcoming this week
The National Association of Realtors releases its monthly snapshot of existing U.S. home sales Wednesday.
Economists project that sales of previously occupied homes slowed slightly in April from the previous month to a seasonally adjusted annual rate of 4.18 million homes. The spring homebuying season is off to a sluggish start this year as home shoppers contend with elevated mortgage rates and rising prices.
Existing home sales, in millions, seasonally adjusted annual rate:
Nov. 3.91
Dec. 3.88
Jan. 4.00
Feb. 4.38
March 4.19
April (est.) 4.18
Source: FactSet
The Federal Reserve delivers the minutes from its most recent interest rate policy meeting Wednesday.
At that meeting, Fed officials emphasized that inflation has remained stubbornly high in recent months and said the central bank doesn’t plan to cut interest rates until it has greater confidence that price increases are slowing sustainably to its 2% target. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fed’s belief that inflation was steadily easing.
Related articles:
Related suggestion:
PSG fails to win the French league after drawing with struggling Le HavreVanessa Feltz's love interest Stefan3 children in minivan hurt when it rolled down hill, into baseball dugout wall in IllinoisThe Giants got a bigBenintendi hits 2nd home of game in 10th, White Sox beat Rays 8Charlize Theron cuts a casual figure in a TYellowstone star Ian Bohen says show will have 'best series finale in history'Who will receive Meghan's top 5 jams? As the Duchess's AJets trade defensive lineman John FranklinOlympic champion Gabby Douglas competes at the American Classic
3.4614s , 5764.5859375 kb
Copyright © 2024 Powered by This Week: Home sales, Fed meeting minutes and consumer sentiment index ,Universal Unfoldings news portal