A look at some of the key business events and economic indicators upcoming this week SPOTLIGHT ON HOUSINGThe 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-UPThe 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. |
At least 1 dead in Florida as storms continue to pummel the South in a week of severe weatherAustralian judge extends ban on X sharing video of Sydney bishop's stabbingPolish farmers march in Warsaw against EU climate policies and the country's proWest Coast Conference will add Grand Canyon and Seattle beginning with 2025South Korea stresses need for fair treatment for Line chat app operator NaverFormer U.S. Open champion Dominic Thiem to retire at the end of the seasonAngelina Jolie is accused of sabotaging her six kids' relationship with Brad PittAt least 1 dead in Florida as storms continue to pummel the South in a week of severe weatherNASCAR teams, drivers will celebrate the sports' roots at Darlington RacewayErnie Els, 5 others in 6