#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
🇺🇸TAXPAYER-FUNDED CHAOS: CALIFORNIA'S $34M GIFT TO THE ICE RIOT MOB
CHIRLA, the Coalition for Humane Immigrant Rights, that's leading LA's anti-ICE chaos, pulled in $34 million in taxpayer cash for the fiscal year ending June 2023 - a nearly 3x jump from the year before.
That