As usual, I will share the Singapore REITs To Buy in November 2023. In the Fed meeting last Wednesday, the Federal Reserve decided to hold the interest rates steady. Stocks, especially REITs rallied on the good news. The Fed shared that the key federal funds rate is expected to be kept in a target range between 5.25%-5.5%. As you can see from the US Inflation chart below, the inflation rate remained steady at 3.7% in September and October.
According to Fed Chair James Powell, his aim is to bring the US inflation down to 2%. This means that there can still be possibility ahead that the Fed increases the interest rate in the event the inflation rate doesn’t trend down on its own. What does this mean for REITs? It means financial costs goes up, offsetting distribution. Of course the share...