#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
Arrow Electronics Joins Hedera Council To Boost Supply Chain Tech
HomeNews* Arrow Electronics has joined the Hedera Council to support decentralized governance and develop a global supply chain project.
As an official member of the council, Arrow will operate a network node and participate in managing the open-source code for the Hedera platform. “Arrow is always pursuing new technologies, such as Hedera, to help enhance our supply chain operations and ability to service global suppliers and customers,” said Chuck Kostalnick, Senior Vice President and Chief Logistics and Strategic Business Development Officer at Arrow Electronics.
Shuchi Rana, membership committee co-chair for Hedera Council, said, “Arrow Electronics represents the pinnacle of global technological enablement. Their deep industry reach and advanced technical solutions position them as a catalyst for transformative supply chain innovation. Arrow’s entry into Hedera Council highlights the growing demand for enterprise-grade infrastructure to support scalable, standards-based applications across industries.”
The Hedera Council consists of major companies, financial institutions, innovators in web3 (the next generation of internet technology), and top universities from around the world. Council members help oversee governance updates and run nodes that maintain the security and transparency of the public Hedera Network.
For more about Arrow Electronics and its technology solutions for manufacturers and service providers, visit arrow.com. Further information about the Hedera Council and its governance can be found at hederacouncil.org.
Media contacts for further inquiries include John Hourigan (jhourigan@arrow.com) and Laura Cooley (laura.cooley@hashgraph.com).