BlackRock Analyst Expects Fed Rate Cut Rather Than Hike Under Waller, in Contrast to Market Pricing

GateNews
According to BlockBeats on May 25, BlackRock's Asia-Pacific head of global fixed income Navin Saigal said the Fed may have sufficient reason to support a rate cut rather than a hike under new Fed Chair Waller. Saigal stated, "If I had to choose between a rate hike and a rate cut, I think there are actually ample factors supporting a cut." He added that labor market pressure could lead the Fed to either hold rates steady or cut. Market pricing currently suggests the Fed will likely raise rates before December, forming a contrast to Saigal's view.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments