REITs offer inflation-protected income as they own assets like real estate, which can adjust rents and values in response to rising prices. Therefore, fundamentally strong REITs, American Tower Corporation (AMT), Gaming and Leisure Properties, Inc. (GLPI), and Simon Property Group, Inc. (SPG) might be worthy buys to ensure an inflation-protected income.
The core personal consumption expenditures (PCE) price index rose by 0.2% in July, marking a 2.6% increase over the past year. This inflation measure, closely watched by the Federal Reserve, showed a slight uptick as the central bank prepares for its first interest rate cut in over four years.
