“The catalyst behind the Fed’s decision to raise rates is the gradually improving economy,” he tells GlobeSt.com. “That means earnings are increasing, companies are hiring new employees and consumers are shopping.” It also means, he says, that REITs will be flourishing as well.
Mahn also notes that REITs have done well during periods when the Fed has gradually raised interest rates—or rather, to be precise, when it has raised the Federal Funds Target Rate. Between 2004 and 2006, for example, the Fed raised the Federal Funds Target Rate on 17 different occasions in 25-basis point increments. During that same time period, US publicly traded REITs, as measured by the Wilshire REIT Index, experienced an average annual total return of 27.7%, he says.
“REITs and REIT investors should be okay, provided the interest rates rise gradually,” he says.
Click here to read the entire article.
The passage discusses the relationship between the Federal Reserve's interest rate decisions and the performance of REITs (Real Estate Investment Trusts), providing a historical example of how REITs performed during a period of gradual interest rate increases.
no_question

the text does not contain any mathematical questions or provide answers to such questions. it primarily consists of descriptive information and historical data.
Given a text passage, determine:
    1. If it contains a mathematical question (including word problems or calculations)
    2. If an answer to that mathematical question is provided in the text

First, describe the content structure you found in 1-2 sentences.

Then provide your analysis in the following format:
TYPE: <one of the following values>
- NO_QUESTION
- SINGLE_QUESTION
- SINGLE_QUESTION_WITH_ANSWER
- MULTIPLE_QUESTIONS
- MULTIPLE_QUESTIONS_WITH_ANSWERS
system
“The catalyst behind the Fed’s decision to raise rates is the gradually improving economy,” he tells GlobeSt.com. “That means earnings are increasing, companies are hiring new employees and consumers are shopping.” It also means, he says, that REITs will be flourishing as well.
Mahn also notes that REITs have done well during periods when the Fed has gradually raised interest rates—or rather, to be precise, when it has raised the Federal Funds Target Rate. Between 2004 and 2006, for example, the Fed raised the Federal Funds Target Rate on 17 different occasions in 25-basis point increments. During that same time period, US publicly traded REITs, as measured by the Wilshire REIT Index, experienced an average annual total return of 27.7%, he says.
“REITs and REIT investors should be okay, provided the interest rates rise gradually,” he says.
Click here to read the entire article.
user
The passage discusses the relationship between the Federal Reserve's interest rate decisions and the performance of REITs (Real Estate Investment Trusts), providing a historical example of how REITs performed during a period of gradual interest rate increases.

TYPE: NO_QUESTION

The text does not contain any mathematical questions or provide answers to such questions. It primarily consists of descriptive information and historical data.