#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
BlackRock XRP ETF Could Be Risky for Retail Investors: Warns Van Dell, co-founder of Black Swan Capitalists
Story Highlights* XRP ETF Hype May Benefit Wall Street More Than Retail: Van Dell warns BlackRock's XRP ETF offers exposure, not true ownership or utility.