Blessed Pronunciation
It depends on the context, really. For example, if you were saying, “This ancient relic has been blessed by a group of monks.” You would pronounce it as blest.
However, when my grandmother used to curse things in anger, she would say stuff like, “Curse this blessed thing; it doesn’t work!” In that case, you would pronounce it as bless-id.
The reason for the two different pronunciations is that one is an adjective (bless-id, meaning holy), and the other is the past tense verb form of the word bless (blest).
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