$Suntec Reit(T82U.SG)Singapore reits declined after Kevin Warsh’s first FOMC as the new Fed chair. Interest rate remains unchanged but a higher forecast of 2026 inflation rate paints a hawkish stance. Based on the dot plot, half of the FOMC members expect a rate hike by year end. 1.39-1.41 has been a fairly strong support level. I will be watching to see if it breaks below 1.39.
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