[BlackRock Analyst: Fed Likely to 'Cut Once' Under Walsh's Leadership] According to a report by Jinse Finance, on May 25, BlackRock stated that under the leadership of the Federal Reserve's new chairman, Walsh, the Fed might have sufficient reasons to support a rate cut rather than a hike. Navin Saigal, BlackRock's Head of Global Fixed Income for the Asia-Pacific region, responded to a question about the likelihood of a rate hike under Walsh's tenure, saying: 'If I had to choose between a rate hike and a rate cut, I believe there are actually ample factors to support a rate cut.' 'Looking ahead, the labor market will face certain pressures, which could signal that the Fed will either hold steady or cut rates.' Saigal's remarks contrast with the general expectations of bond investors. These investors are betting that Walsh will prioritize maintaining the Fed's credibility in combating inflation over accommodating U.S. President Trump's calls for low interest rates. Current pricing indicates that the market is almost certain the Fed will raise rates before December. (Jin10)