This Week: Home sales, Fed meeting minutes and consumer sentiment index
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.
Related articles
This Week: Home sales, Fed meeting minutes and consumer sentiment index
A look at some of the key business events and economic indicators upcoming this weekSPOTLIGHT ON HOU2024-05-21Firms listed on Shenzhen bourse see steady performance in 2023
(Xinhua) 08:36, February 01, 2024BEIJING, Jan. 31 (Xinhua) -- Companies listed on the Shenzhen Stock2024-05-21China strengthens crackdown on illegal fishing
(Xinhua) 10:01, March 23, 2024BEIJING, March 22 (Xinhua) -- China will implement new measures to com2024-05-21Farmers busy with harvesting, processing spring tea in SW China's Guizhou
(Xinhua) 10:37, April 06, 2024A farmer shows fresh tea leaves at a tea garden in Erlong Village in Y2024-05-21Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
Justin Timberlake is set to bring his The Forget Tomorrow World Tour to Australia next year.Daily Ma2024-05-21How China's rest stations for outdoor workers create prospects for new employment forms
By Chi Zao, Tian Yi and Wu Chaolan (People's Daily Online) 20:14, March 01, 2024Editor’s Note:Two se2024-05-21
atest comment