Domestic listed REITs returned to an upward trend this past week. As expected, the U.S. Federal Reserve took a “giant step” to raise the interest rate by 0.75%. This was not a special event but simply a scheduled announcement. Federal Reserve Chair Jerome Powell hinted at the possibility of further rate hikes, which are much higher than initially expected. The average weekly return of 18 listed REITs in the last week of July was -1.23%. Inflation and the economy may improve starting in December, but expectations are still conservative. According to the current dot plot, the US benchmark interest rate will be at 5.0% in the first half of next […]