#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
The CFTC ordered Debiex to be awarded $2.5 million in damages for the "pig slaughter" fraud
Mars Financial News, on March 17, according to Cointelegraph, Judge Douglas Rayes of the U.S. Federal Court of Arizona ruled on March 13 that crypto platform Debiex was required to return about $2.26 million of stolen funds to victims and pay $221,500 in civil penalties for a total of nearly $2.5 million in compensation for alleged "pig slaughter" fraud. The platform has not previously responded to the CFTC (U.S. Commodity Futures Trading Commission) lawsuit, and the judge found that it had "ignored the proceedings without justification."