BlackRock Analyst: Under Waller's leadership, the Federal Reserve is expected to "cut once"

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BlockBeats News, May 25 — BlackRock said that under the leadership of new Federal Reserve Chair Woirsh, the Fed may have enough reasons to support a rate cut rather than a rate hike. Navin Saigal, Head of Global Fixed Income at BlackRock’s Asia-Pacific, responded to questions about the probability of rate hikes during Woirsh’s tenure by saying: “If I have to make a choice between a rate hike and a rate cut, I believe there are actually sufficient factors to support a rate cut.” “Looking ahead, the labor market will face certain pressure, which could indicate that the Federal Reserve will either hold steady or cut rates.” Saigal’s remarks stand in contrast to bond investors’ general expectations. These investors are betting that Woirsh will prioritize maintaining the Fed’s credibility in fighting inflation rather than catering to U.S. President Donald Trump’s demands for low interest rates. Current pricing shows that the market is almost certain that the Fed will raise rates before December. (Jin10)
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GateUser-0f33f9ef
· 4h ago
The expectation of interest rate cuts suddenly rises, interesting.
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GateUser-f4b3df7a
· 5h ago
This script goes against the Powell era.
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HotAirBalloonCrossingMountains
· 5h ago
Let's wait and see the non-farm payroll data.
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ColdWalletFitnessCoach
· 5h ago
Feeling like testing the reaction during a trial run
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PineLiquidityPool
· 5h ago
Is the probability of a rate hike in December still that high?
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DewdropSapling
· 5h ago
Inflation credibility vs employment, a classic dilemma
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GateUser-a4680931
· 5h ago
BlackRock still carries weight in its statements.
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AlphaAfterTea
· 5h ago
Don't rush to adjust your position; let the bullets fly first.
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ProofOfSnack
· 5h ago
Who is Navin Saigal? Is there any popular science information about him?
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