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.
Ben Whishaw lights up the Croisette as he joins his co
Liaoning beat Xinjiang in CBA top
China finish with three titles at BWF French Open
Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
20th CPC Central Committee to hold 3rd plenary session in July
Descendants of Doolittle Raiders visit Quzhou, celebrate China
Domestic theme parks see surging visits during Spring Festival
Pregnancy app used by the NHS accused of 'imposing gender ideology'
House committee delays vote on bill to allow inmates to participate in parole hearings
This Week: Home sales, Fed meeting minutes and consumer sentiment index
Rep. Marjorie Taylor Greene vows to force a vote next week on ousting House Speaker Mike Johnson