#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
The gang attack on civilians in Haiti has resulted in the death of about 300 people.
On December 13, Haitian gang attacks on civilians continued. As of 11 December, nearly 300 people had been killed and nearly 60 others had been kidnapped. The security situation in Haiti is grim and gangs are rampant. Large-scale violence broke out in the capital, Port-au-Prince's Sun district, on the 6th and 7th. According to the United Nations, 184 people died, including 127 elderly people.