#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Bloomberg analyst: The likelihood of a Meme coin ETF being launched at some point in the future is very high.
Golden Finance reported that Eric Balchunas, a senior ETF analyst at Bloomberg, stated on the X platform that there is a high probability of an actively traded Meme coin ETF emerging at some point in the future. First, the market will see a large number of active Crypto Assets ETFs (expected in winter 2025), but the active Meme coin ETF may not appear until 2026, which could possibly give rise to the next star fund management company.