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 eventState Council stresses work on flood relief, rebuildingFor Boston Marathon's last 100 years, it all starts in HopkintonChina's State Council stresses efforts in flood relief, reconstructionXi stresses establishing new systems for higherFeature: Rafah drowning in tears as Palestinians bid farewell to loved ones for survivalReims and Rennes drop points in the French league chase for a European placeCPC leadership arranges work on flood prevention and relief, postXi stresses greater efforts to build beautiful Xinjiang in pursuing Chinese modernizationPanarin scores tying goal, shootout winner as the Rangers edge Islanders 3