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. |
Trump sets fundraising record with $50.5M from Florida eventMainland's Taiwan affairs official meets KMT vice chairmanSalvador Perez homers, Bobby Witt Jr. scores 4 times as Royals beat Mets 11Reims and Rennes drop points in the French league chase for a European placeOver 1.61 mln people sign support for HKSAR district governance reformXi replies to letter from Chinese paratroopersChinese vice premier stresses deepening SOE reformNick Lodolo makes a successful return for the Cincinnati RedsOswaldo Cabrera homers, Yankees survive late scare, beat Guardians 3Rangers' reliever Burke breaks his non