This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-22 02:08:57 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:Who is Abi Carter? Inside the American Idol winner's unconventional family life
Next:JoJo Siwa goes wild: Karma singer accused of getting drunk at Disney World after turning 21
You may also like
- Judge orders man accused of opening fire outside Wrigley Field held without bail
- Oregon man convicted of sexually abusing 2 teen girls he met online gets 12 1/2 years in prison
- Now Gary Lineker takes a pop at the Government for not teaching children to cook at school
- Chinese premier congratulates Mishustin on reassuming office as Russian PM
- Abbey Clancy, 38, shows off a new set of train track braces as she's left red
- Federal agency takes control of investigation of fiery train derailment in New Mexico
- Inside the new show that gets couples who found love online to meet for the first time
- Childhood friend asks for help to solve mystery death of 'caring and loving' mother
- Ben Whishaw lights up the Croisette as he joins his co