#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
Bloomberg analysts: Canada plans to launch Solana Spot ETF this week.
ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that Canada is preparing to launch a Solana Spot ETF this week after regulators approved multiple issuance institutions including Purpose, Evolve, CI, and 3iQ, and these ETFs may include staking features.