#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
Odaily Star Daily News, Flare Network stated in an article on X platform that it has burned 66 million FLR Tokens (about 1.4 million US dollars), and its goal is to accumulate 2.1 billion Tokens by 2026. This will further reduce the circulating supply, including transaction fees and unclaimed rewards.