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.
Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
Sanctions won't work on solving Russia
Maurizio Cattalan, Zoe Soldana collaborate in iconoclastic Vatican exhibition inside women’s prison
UN envoy urges unified government to lead Libya to elections
Amtrak train hits pickup truck in upstate New York, 3 dead including child
UK's Princess of Wales says she is under cancer treatment
Chasing 5th straight win, Nelly Korda is 2 shots back at Chevron Championship after a first
Prue Leith's recipe for seeing red... her husband's online shopping habit!
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
ALISON BOSHOFF: Robert Downey Jr's got his Oscar
Yu Darvish extends scoreless innings streak to 25 in Padres' 9
Prue Leith's recipe for seeing red... her husband's online shopping habit!