This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-21 21:29:40 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:Everybody may love Raymond, but Ray Romano loves Peter Boyle
Next:Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
You may also like
- Liverpool confirms Arne Slot as Jurgen Klopp's replacement
- Characters enter the public domain. Winnie the Pooh becomes a killer. Where is remix culture going?
- Bodies of 3
- Nanjing lose to Liaoning, miss CBA playoffs
- Online reading or offline clubs? Young Chinese embrace both in digital era
- He's 31 points helps Shenzhen beat Tianjin in CBA
- Taipei's Palace Museum launches high
- China to make World Cup finals ultimate goal, says new coach Ivankovic
- Mystery artist who erected signs comparing pothole