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Benzinga
Benzinga
Business
John Navin

REITs Await Consumer Price Index Report Coming On Oct. 13

The release on Oct. 13 of the consumer price index report (CPI) from the U. S. Bureau of Labor Statistics is a big deal for real estate investment trusts (REITs). 

That’s because of how interest-rate-sensitive most of them are. If the CPI shows greater inflation than expected, the Federal Reserve is likely to hike rates more dramatically. Real estate investment trusts suffer when that happens.

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