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.
Sports betting roundup: Xander Schauffele's final putt pays off for bettors
Braves 2B Ozzie Albies activated from injured list ahead of series versus Guardians
Jayhawks sign Alabama's Rylan Griffen out of portal to address their 3
Jerry Seinfeld's commitment to the bit
Dodgers acquire pitcher Yohan Ramírez from Mets for cash
Horrifying moment mother thought her five
At least 17 people died in Florida after medics injected sedatives during encounters with police
Humza Yousaf 'cancels speech' as he desperately battles to stave off confidence vote
Grant Shapps vows he WILL find more planes for mass parachute drop to mark 80th anniversary of D
Egypt sends delegation to Israel, its latest effort to broker a cease