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.
Minnesota Equal Rights Amendment fails in acrimonious end to legislative session
Russia hits vast dam in war's largest strike on Ukrainian energy infrastructure, Kyiv says
Evergrande's bankruptcy may be just the beginning of China's real estate crisis
Hong Kong's Messi mess: A distraction from more important things
What a blast to work at NASA. Space agency is sky
How electorate candidates funded their campaigns
Grief and anger in Moscow following concert attack
Pope skips Good Friday procession 'to preserve his health'
Farm family’s newest crop shows China’s solar ascendancy
Flood, weather warnings as storm hits Australia
Kristin Cavallari, 37, ignores critics of her age
Biden hosts Kishida in official visit as US, Japan bolster defense ties