#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
(XLM) is coming
Meanwhile, Stellar (XLM) has recently made efforts to reverse its previous losses and move away from the $0.10 zone. The token promises even more gains if it manages to break above the critical resistance line of $0.113. That's especially important after falling about 15% this year due to previous uncertainties. According to its latest charts, Stellar is currently changing hands at $0.1103. XLM recorded a decline of 1.19% in the last 24 hours, while it gained 0.72% in the previous seven days. Moreover, the cryptocurrency is down 7.5% over the past month.
#HotTopicDiscussion#