#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
Paul Atkins is about to take office as the chairman of the U.S. SEC.
According to Gate.io News bot, senior reporter Charles Gasparino from FOX Business Network reported that Wall Street insiders revealed that Paul Atkins is expected to be sworn in as the chairman of the SEC on Tuesday. Previously, the U.S. Senate had approved President Trump's nomination of Paul Atkins as SEC chairman.
Source: Wu Shuo