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:
Cannes sets lineup with Lanthimos, Coppola and Trump film 'The Apprentice'SpaceX launches 4 astronauts to the ISS for a 6Why don't humans have tails? A genetic mutation offers cluesHow major US stock indexes fared Friday, 4/12/2024Martin Wygod, former health care executive turned successful horse breeder and owner, dies at 84When's the next eclipse after 2024? Watch for these celestial eventsProject to shore up Pompeii yields stunning black banquet hall, with frescoes of Trojan War figures'La Chimera' review: Alice Rohrwacher's tombaroli tale is pure magic'Immaculate' review: Things get scary for Sydney Sweeney in a conventO.J. Simpson still reflects America's racial divides— even in death
3.075s , 6517.453125 kb
Copyright © 2024 Powered by This Week: Home sales, Fed meeting minutes and consumer sentiment index ,International Intrigue news portal