#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
StaFi Protocol initiates the proposal of '100% destruction of FIS Token flowing into the treasury Address'
Golden Finance reported that the Liquiditystakeprotocol StaFi Protocol has initiated the FIS Token burning proposal, proposing to burn 100% of the Inflation FIS every 30 days, and these FIS will flow into the treasury Address. This action aims to reduce the FIS inflation rate from 10% to around 6%, thereby transforming the Token into a Deflation model.