#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
Hasett: The U.S. hopes to reach a "handshake" protocol with China on rare earths in London.
On June 9, according to market news, Hassett, the director of the National Economic Council of the United States, stated that the U.S. hopes to reach a "handshake" agreement with China in London regarding the rare earth protocol, and it is expected that China's export controls against the U.S. will be eased, allowing for a large release of rare earths.