This Week: Fed Meeting

Tuesday

10:00 AM: Existing home sales are expected to jump 5.0% to an annual rate of 4.2M.

Wednesday

3:00 AM Inflation rate in the UK is expected to fall to under double digits to 9.8%

7:00 AM Mortgage demand and rates from last week

2:00 PM Federal Open Market Committee is expected to raise the fed funds rate 25 bips to 5.0%

Thursday

8:00 AM Bank of England is expected to raise rates by a quarter point to 4.25%

8:30 AM Initial jobless are expected to rise slightly to 193k

10:00 AM New home sales are projected to have fallen by 3% to an annual rate of 648k in February

12:00 PM Mortgage rate data from Freddie Mac

7:30 PM Japan’s inflation rate is expected to fall to 3.3%