#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
US senators urge SEC to reconsider encryption ETF pledge
BlockBeats news, on February 22, according to Cointelegraph, bipartisan senators in the United States wrote to SEC acting chair Mark Uyeda, urging a reevaluation of encryption ETF stake (staking) issues, believing that they play an important role in blockchain security and investor interests. The letter was led by Republican Senator Cynthia Lummis and supported by Democratic Senator Kirsten Gillibrand and Ron Wyden.