This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-21 23:59:08 Source:styleViews(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
Next:Jude Bellingham's new model girlfriend Laura Celia Valk looks sensational in a figure
You may also like
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- Abbey Clancy, 38, shows off a new set of train track braces as she's left red
- Digital technologies restore looks of 2,200
- My fiancé died on the morning of our wedding day
- Ben Whishaw lights up the Croisette as he joins his co
- Xander Schauffele gets validation and records with one memorable putt at PGA Championship
- Macron is making a surprise trip to New Caledonia amid deadly unrest and indigenous frustration
- BBC Countryfile star Adam Henson's wife wrote heartbreaking goodbye letters after cancer diagnosis
- Demi Moore, 61, says full