Keeping Track ...

Home sales in February

Sales of existing homes in the US declined 0.4 percent in February. Analysts cited rising interest rates for the steep drop, but there are also indications that last year's robust consumer spending may be slowing down.

That prospect bodes well for tomorrow's meeting of the Federal Reserve. Few experts think the Fed will raise interest rates, since the economy shows little signs of inflation or overheating.

Meanwhile, fighting in Kosovo made financial markets jittery, evidenced by a 200-plus point drop in the Dow in the middle of last week.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK