This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-22 01:55:50 Source:opinionsViews(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:Nina Dobrev hospitalized with a neck brace due to serious e
Next:Cruise worker 'murders newborn son on board ship': Shocked co
You may also like
- Children are evacuated from school 'during an exam' after threat made via email
- I went on a date and he paid for the meal but asked me to transfer him my half the next day
- Holistic pursuit of national security lays solid groundwork for China's rejuvenation cause
- Wednesday adds Steve Buscemi to highly
- Grant Shapps vows he WILL find more planes for mass parachute drop to mark 80th anniversary of D
- One Tech Tip: What to do if your personal info has been exposed in a data breach
- UN chief calls for reform of global financial architecture, particularly with regard to debt
- Olivia Culpo enjoys In
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI