This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-21 21:30:49 Source:sportViews(143)
A look at some of the key business events and economic indicators upcoming this week
SPOTLIGHT ON HOUSING
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
FED CLOSE-UP
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.
Previous:Tom Brady and Jay
You may also like
- Sarah Jessica Parker divides opinion with enormous hat on set of And Just Like That
- Smoke seen as ANA flight carrying about 200 people lands safely in northern Japan, public TV says
- Solomon Islands PM Sogavare commands largest bloc in Parliament after election — Radio Free Asia
- North Korea sends officials to Iran amid suspected military cooperation — Radio Free Asia
- Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
- Brian Tobin, former president of the International Tennis Federation, dies at age 93
- Taylor Swift's new track imgonnagetyouback sparks comparisons to Olivia Rodrigo song
- Indonesia declares Prabowo Subianto president
- Nina Dobrev hospitalized with a neck brace due to serious e