This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-22 01:58:59 Source:entertainmentViews(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:Dali cargo ship is finally brought back to port
Next:This Week: Home sales, Fed meeting minutes and consumer sentiment index
You may also like
- Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
- King Charles III's coronation anniversary is marked by ceremonial gun salutes across London
- Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle
- Liam Gallagher rents swanky £17,000
- Georgia Republicans choose Amy Kremer, organizer of pro
- Maternal deaths have fallen to pre
- Second juror in New Hampshire youth center abuse trial explains verdict, says state misinterpreted
- New Liberia forest boss plans to increase exports, denies working with war criminal Charles Taylor
- Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue