Despite coming in lower than estimates in July, inflation remains at discomforting levels for the policymakers. As supply-chain disruptions and high energy prices are expected to keep inflation elevated, the Federal Reserve has reiterated its tough stance against inflation. The central bank signaled to raise interest rates aggressively until inflation reached the 2% goal.
This is expected to keep the stock market under pressure in the near term. However, Real Estate Investment Trusts (REITs) are gaining significant attention amid the uncertainties surrounding the economy because they typically benefit from an inflationary environment, with the values of properties owned by them rising.
