This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-21 21:08:49 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:Bichette has 4 hits, Berríos snaps 4
Next:Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
You may also like
- Benedict Cumberbatch looks suave as he joins his co
- Spring Festival TV gala to delight global audience with traditional culture, cutting
- Paolo Banchero scores 26 as Magic clinch playoff spot with 113
- Authorities say 4 people are dead after a train collided with a pickup in rural Idaho
- Rays opening day starter Zach Eflin placed on 15
- GLEN OWEN: The honeytrap MP... and the Godfather
- Chinese Culture and Food Festival held in Kuwait
- Paolo Banchero scores 26 as Magic clinch playoff spot with 113
- Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise