January Existing Home Sales Report, Consumer Sentiment Data, and Fed Speeches Expected Today

The National Association of Realtors is scheduled to release its report on existing home sales in the month of January at 10 am ET. Existing home sales are expected to tumble by 2.8 percent to an annual rate of 4.12 million in January after jumping by 2.2 percent to an annual rate of 4.24 million in December.

Also at 10 am ET, the University of Michigan is due to release its revised reading on consumer sentiment in the month of February. The consumer sentiment index for February is expected to be unrevised from the preliminary reading of 67.8, which was down from 71.1 in January.

San Francisco Federal Reserve President Mary Daly is scheduled to deliver opening remarks before the Macroeconomics and Monetary Policy Conference hosted by the San Francisco Fed at 11:30 am ET.

Also at 11:30 am ET, Federal Reserve Vice Chair Philip Jefferson is scheduled to speak on “Central Bank Communication” at the Macroeconomics and Monetary Policy Conference.


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