#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
G7 leaders may discuss North Korea-led cyberattacks at the summit in Canada next month.
According to ChainCatcher news and Bloomberg reports, sources have revealed that G7 leaders may discuss North Korea-led cyberattacks at next month's summit in Canada. However, the agenda for the summit has not yet been determined, and discussions on other geopolitical issues, such as the Ukraine war, may take priority.