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.
Kylie Jenner displays her VERY edgy fashion sense in cleavage
SUMO/ Takerufuji grabs title on makuuchi debut, breaks 110
Five arrested in Taupō on Tuesday after group brawl at Richmond shops
Alec Baldwin waved gun around on Rust film set before fatal shooting, court hears
Sienna Miller's lookalike daughter Marlowe, 11, makes her first ever red carpet appearance
'Enough is enough': Making streets safe for young women
Ukraine could face defeat in 2024. Here's how that might look
Texas: Diversity, equity and inclusion ban has led to more than 100 job cuts at state universities
Strictly star Giovanni Pernice's former partner Rose Ayling
Trump poised for billions as stock market deal passes
Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
Gulf Harbour body: Interpol 'black notice' issued one month after mystery discovery