This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-21 21:55:42 Source:styleViews(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:Forensic psychiatrist reveals the different types of stalkers
Next:It's no wonder parents are taking their children on holiday during term time! Sky
You may also like
- Seven sneaky clauses in estate agent contracts that can cost you dear
- Cubs place Seiya Suzuki on 10
- The glare of car headlights could be a risk for heart conditions... As ever
- China moves to make financing easier for small businesses
- Baby Reindeer's real
- Rescuers battling forest fire in China's Sichuan
- China to launch construction, expansion of major cultural facilities
- EPHRAIM HARDCASTLE: First
- Shooting injures 2 at Missouri high school graduation ceremony