This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-21 23:54:21 Source:travelViews(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:These hilarious notices will make you do a double take
Next:Padres second baseman Xander Bogaerts leaves game against Braves with shoulder injury
You may also like
- Sarah Jessica Parker divides opinion with enormous hat on set of And Just Like That
- Don Donoher, the winningest basketball coach at Dayton, dies at 92
- One dead, two injured in South Waikato crashes
- Wrexham eyes another promotion, this time to 3rd tier of English soccer
- Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
- Why more state abortion bans present opportunities for Democrats
- Tennessee GOP Rep. Andy Ogles draws Republican and Democratic challengers
- 'HELP' sign on beach points Navy and Coast Guard aviators to men stuck on Pacific atoll
- I'm a cruise ship worker...these are the FIVE things smart passengers always do onboard