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.
Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
Upgraded farmhouses winning Jizhou more visits
Retrial scheduled in former Ohio deputy’s murder case
Foreign journalists visit exhibition on Chinese civilization
Flight attendant reveals why plane passengers should NEVER fall asleep before take off
Amanda Holden puts on a VERY leggy display in a grey mini
Trump Media stock slides again to bring it nearly 60% below peak
Key moments of the NBA season, from the championship rings to the postseason field being set
Everybody may love Raymond, but Ray Romano loves Peter Boyle
Audit report finds German green transition lags behind targets
College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
Solomon Islands election to test pro