#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
The founder of DoNotPay raised $30 million for his new fund, Browder Capital Fund Four, with participation from Sequoia Capital and others.
PANews, May 15, reported that Josh Browder, founder and CEO of DoNotPay, disclosed on the X platform that his venture capital firm Browder Capital has successfully raised the Browder Capital Fund Four, a fund with a scale of $30 million, supported by Sequoia Capital, Marc Andreessen (co-founder of a16z), Chris Dixon (partner at a16z), Arthur Patterson (founder of Accel), Walter Kortschak (founder of SignalFire), and other institutional investors, including Cendana Capital, General Endowment Management, Level Ventures, and Hummingbird Ventures (Nomads and Slipstream).