#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
Capital violence incident leaves over a hundred dead, Haitian government promises to swiftly arrest the perpetrators
On December 10, Jinshi Data reported that the Office of the Prime Minister of Haiti issued a statement stating that the government has promised to deploy its full efforts to track down and arrest the perpetrators who killed more than 100 civilians in the Sun City community in the capital, Port-au-Prince, last week, and bring them to justice. On December 9 local time, the United Nations Human Rights Affairs Committee stated that armed gangs in Haiti launched attacks on the Sun City community in the suburbs of Port-au-Prince from December 7th to 8th, resulting in 184 deaths.