The US economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation ticked down, keeping the Federal Reserve on track to possibly begin cutting interest rates at least once before the end of the year.
U.S. Pending Home Sales Pull Back Much More Than Expected In April finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on demand, dealing another setback to the housing market.
WASHINGTON (dpa-AFX) - After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled
Sales of new U.S.
single-family homes fell more than expected in April amid a
resurgence in mortgage rates and higher prices, further evidence
that the housing market was losing momentum in the. -May 23, 2024 at 10:33 am EDT
- MarketScreener