This Week: Home sales, Fed meeting minutes and consumer sentiment index
Release time：2024-05-22 00:16:41 Source：Global Grid news portal
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：JoJo Siwa goes wild: Karma singer accused of getting drunk at Disney World after turning 21
- Next：Should you claim child benefit? What it's worth
Related articles
- Macron is making a surprise trip to New Caledonia amid deadly unrest and indigenous frustration
- Police chief charged over Seoul Halloween crush that killed 159
- KiwiRail seeks advice to extend life of Interislander Kaitaki ferry
- Industry body calls for consistency over agricultural spraying rules
- Ricky Stenhouse punching Kyle Busch could lead to suspension
- Blizzard strikes North America, cancelling flights and disrupting presidential campaign
- US Supreme Court Skeptical of Curbing Government Contact With Social Media Firms
- Wellington's Tuesday dinners celebrates 'amazing collection of people' 25 years on
- Seven sneaky clauses in estate agent contracts that can cost you dear
- Labour's Rino Tirikatene retires from politics
- BBC Countryfile star Adam Henson's wife wrote heartbreaking goodbye letters after cancer diagnosis
- Ministry of Ethnic Communities, set up to 'heal wounds' of 15 March, faces job cuts
- Chinese TV authorities move to curb obsessive fan culture
- Government continues funding free period products in schools
- FDIC chairman Martin Gruenberg to step down, White House says
- $18m boost for New Zealanders needing to travel for health treatment
- South China Sea News: Naval base expansion 'gives China more power in disputed sea'
- Chinese TV authorities move to curb obsessive fan culture
- DR MARTIN SCURR: How losing your hearing may cause dementia
- Flushed underwear leaves council with knickers in a twist
Random recommendation
- Copyright © 2024 Powered by This Week: Home sales, Fed meeting minutes and consumer sentiment index ,Global Grid news portal sitemap