#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 UK asset management company Fasanara Capital launches a tokenization money market fund
ChainCatcher news, UK asset management company Fasanara Capital announced the launch of the tokenization money market fund FAST, based on the Polygon blockchain. The fund will focus on the encryption industry, targeting stablecoin issuers, Decentralized Finance protocol treasuries, and encryption funds. Fasanara plans to offer a return of 4.7%, with the fund portfolio including government bonds, long-term government bonds, other money market funds, and commercial bills. With $140 billion in transaction experience in the encryption field, Fasanara is committed to providing innovative liquidity solutions for professional investors.