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:
Bohm and Harper lead the streaking Phillies to a sweep of the Nationals with 11Man suspected of shooting 6Late crash knocks Nolan Siegel out of Indianapolis 500, keeps Ericsson and Rahal in starting fieldWhat we know about the Iranian president's helicopter crashPower restored to most affected by deadly Houston storm, with the rest by WednesdayI'm a farmer... here is what Clarkson's Farm gets WRONG and rightJodie TurnerPacers score 39 points in first quarter vs. Knicks to set a Game 7 recordDisneyland character and parade performers in California vote to join labor unionHealey's goal in 2nd period gives Boston 4
2.407s , 6492.3203125 kb
Copyright © 2024 Powered by This Week: Home sales, Fed meeting minutes and consumer sentiment index ,World Wonders news portal