This Week: Home sales, Fed meeting minutes and consumer sentiment index
Time:2024-05-21 21:01:34 Source:politicsViews(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:Colin Jost left red
Next:Colin Jost left red
You may also like
- Jude Bellingham's new model girlfriend Laura Celia Valk looks sensational in a figure
- Elite female bodyguards reveal the fascinating secrets of protecting A
- USC gives Lindsay Gottlieb a contract extension following deepest NCAA Tournament run in 30 years
- I have £300,000 invested in a pension
- Nuggets blow 20
- Jerry Seinfeld's commitment to the bit
- The first round of the NFL draft turns into a QB bonanza with a record
- Maine govenor signs off on new gun laws, mental health supports in wake of Lewiston shootings
- Georgia Republicans choose Amy Kremer, organizer of pro