A look at some of the key business events and economic indicators upcoming this week
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
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:
Related suggestion:
China Focus: China's Population Continues to Grow in 2021China to Further Open up HighShanghai Promotes Community LibrariesChina Commends Outstanding GrassConstruction of MainlandMainland Medical Experts Arrive in Hong Kong in Fighting COVIDTaikonauts Keep Lantern Festival Traditions Alive on Space StationChildren's Choir from Mountains Wows the World at Beijing 2022 Opening CeremonyXinjiang Issues Development Plan for Women, ChildrenLantern Festival Celebrated Across China
2.6225s , 6517.390625 kb
Copyright © 2024 Powered by This Week: Home sales, Fed meeting minutes and consumer sentiment index ,International Image news portal