#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
Franklin Templeton is considering launching an encryption ETP product in Europe.
BlockBeats news, on April 2, according to ETF Stream, Franklin Templeton, an asset management company with an asset scale of $1.6 trillion, is considering launching Crypto Assets exchange-traded products (ETP) in Europe. A spokesperson for Franklin Templeton stated that while there are no immediate plans to launch Crypto ETP in Europe, the company "is observing and keeping up with the evolving regulatory framework in Europe and other regions to create Crypto Assets products that best meet our clients' needs."