This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-21 21:03:43 Source:politicsViews(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:Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
Next:Kid Rock 'uses N
You may also like
- Macron is making a surprise trip to New Caledonia amid deadly unrest and indigenous frustration
- Rory McIlroy and Shane Lowry rally to win Zurich Classic team event
- China's air passenger trips to reach 9 million during May Day holiday
- Florida sheriff says deputies killed a gunman in shootout that wounded 2 officers
- Cruise worker 'murders newborn son on board ship': Shocked co
- Revival of vinyl records spares a 77
- China, US need to keep faith with win
- Group tours come back on menu for overseas travelers
- Flight attendant reveals why plane passengers should NEVER fall asleep before take off