THE FED SPEAKS The Federal Reserve serves up its latest interest rate policy update Wednesday. The remarks will follow a two-day meeting of the central bank's policymakers. At its January meeting, the Fed signaled that it was hitting pause on its rate hikes, citing a slowdown in global growth and the absence of inflation pressures. Many economists believe that the Fed will keep rates on hold for several months.
HOME SALES REBOUND? Economists project that sales of previously occupied U.S. homes rebounded in February. Sales fell 1.2 percent in January to their worst pace in more than three years. Would-be buyers are increasingly priced out of homeownership after years of climbing prices and a dearth of homes for sale. The National Association of Realtors reports its tally of February home sales Friday.
Existing home sales, in millions, seasonally adjusted annual rate: Sept. 5.18 Oct. 5.22 Nov. 5.21 Dec. 5.0 Jan. 4.94 Feb. (est.) 5.13 Source: FactSet