#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
Ripple XRP News Today: $50M XRP Settlement Could Land XRP in U.S. Crypto Reserve
Ripple CEO Brad Garlinghouse recently spoke about the end of XRP’s legal fight as the new SEC Chair has officially been appointed, in an interview with Fox Business. He highlighted the recent shift in the US government’s crypto stance and also noted a crucial area that still needs clarification