#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
Polymesh Association appoints former Arival Bank executive Bill Papp as CEO
Odaily Planet Daily News According to the Polymesh Association, a public permissioned blockchain, Bill Papp has been appointed as the CEO and Executive Director. After his appointment, Bill will be involved in activities such as asset tokenization and changing the creation and trading methods of financial securities. It is reported that Bill previously served as the CEO and board member of the digital bank Arival Bank before joining the Polymesh Association.