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:
Travis Kelce responds to Jana Kramer's claims he's a bad influence on girlfriend Taylor SwiftBaby Reindeer's Jessica Gunning reenacts stalker Martha's pose as she joins coBrooks Nader's ex Billy Haire is already on dating app Bumble days after divorce newsSenate scrambles to pass bill improving air safety and service for travelersMaryland governor signs bill to rebuild Pimlico, home of the Preakness StakesRangers get Chytil back in lineup for Game 3 against Hurricanes after lengthy absenceFrom Jabba the Hutt and Teletubby Hill to Drinking Dinosaur and the Wedding CakeRaiders sign 1stCharli XCX puts on busty display in VERY lowThe Masked Singer: Chrissy Metz reveals identity after performing as Poodle Moth in quarterfinals
2.1723s , 6500.34375 kb
Copyright © 2024 Powered by This Week: Home sales, Fed meeting minutes and consumer sentiment index ,Starry Scope news portal