Inflation in the US stood at a 40-year high in April, prompting the Federal Reserve to raise rates by half a percentage point to a range of 0.75 to 1 per cent last week.
As markets digest the impact of the rate hike and of more to come, one area that might see an impact will be real estate investment trusts (Reits), a popular investment vehicle in Singapore.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
