#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
Musk is expected to clarify when he will exit DOGE during the TSL investor conference call.
Odaily News According to Fox reporter Charles Gasparino's post on the X platform, it is expected that Musk will clarify when he will exit the U.S. Department of Efficiency (DOGE) during the Tesla investors' conference call. Investors indicate that a definite exit date will be favourable for the stock, but considering the necessity to cut government waste, it seems unfavorable for the U.S.