#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
$HBAR gains more than 15% after adopting Chainlink CCIP
$HBAR, the native token that powers apps on the Hedera network, is up more than 15% in the past 254hours, & now trades around $0.15581, with inflow of $172.23M, & trading volume of $430.13M, as per Gate.io chart.
Hedera has today announced that the Chainlink standard for cross-chain interoperability is now live on mainnet. The move is set to accelerate Ecosystem Adoption, with Developers now leveraging the Chainlink CCIP to build highly secure apps that can transfer tokens, send messages, & initiate actions across the multi-chain economy.