#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
io.net collaborates with Phala Network to promote the development of secure computing and DecentralizationAI
Odaily Planet Daily News GPU cloud network io.net announces a strategic partnership with Phala Network to promote secure computing and Decentralization AI development. Through this collaboration, Phala will leverage io.net's cloud network IO Cloud access to GPU hardware to enhance the capabilities of Decentralization AI. Phala Network will rely on Nvidia H100 and H200 GPUs to support its Trusted Execution Environment (TEE) technology. (Chainwire)