#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
Golden Finance reported that the cross-chain development platform Moonbeam Network has launched the Moonrise program and announced its 2024 product roadmap, including enhancements to the core protocol to increase throughput by 8 times, the integration of Ethereum's Dencun upgrade, optimization of governance, utilization of Axelar, and the launch of zkAuth program for Web2 identity verification.