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.
It's no wonder parents are taking their children on holiday during term time! Sky
Foreigner hotel stays in Japan jump 68% to record high in March
Ally McCoist urges one Man United star to be first out the door in club's mass sale this summer
Advocates push states to save foster children's federal benefits, not spend them
Guangdong complete season sweep of Beijing in CBA
Guangdong complete season sweep of Beijing in CBA
Beijing secure comeback win in Chinese Super League
Amal Clooney played key role in ICC bid to request arrest warrants for Israeli PM and Hamas leader
Lod, Jeong rally Minnesota United to 2
How Robert F. Kennedy Jr. could make the first debate stage
China's Tang Qianting betters Asian record for women's 100m breaststroke