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. |
Mountain goat stuck under Kansas City bridge survives rocky rescueNever mind the overcapacity, have some dim sum! — Radio Free AsiaUyghur activist receives Roosevelt freedom of worship award — Radio Free AsiaNo joke: UK comedian told to remove hot dog from subway poster over junk food banThailand ready for any scenario on Myanmar border, foreign minister says — Radio Free AsiaPosts misrepresent White House Easter egg contest, Day of Transgender Visibility proclamationStudy: Many cancer drugs unproven 5 years after accelerated approvalColon cancer blood test offers new screening optionTennessee fisherman reeled in a big one. It turned out to be an alligatorPsychologists fear rule changes will make it even harder to get help