#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
Joe Lubin is actively promoting the infrastructure development plan for Ethereum, and ConsenSys is overseeing risk mitigation.
Gate News bot news, Ethereum co-founder Joe Lubin has made significant progress in infrastructure development. The U.S. SEC has dismissed the lawsuit against his founded company ConsenSys. As the chairman of SharpLink Gaming, Lubin has launched a $425 million private sale plan for the construction of the Ethereum treasury, with plans to later expand the fundraising to $1 billion. Meanwhile, Lubin is in talks with a national sovereign wealth fund regarding infrastructure development for the Ethereum ecosystem.
Source: Thejaswini M A
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