#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
Ether fi Foundation launches ETHFI Token buyback plan.
According to Gate.io News bot, Wu Shuo reported that the Ether fi Foundation announced the completion of the first round of ETHFI Token buyback. Data shows that the foundation invested 137 ETH (approximately $320,000) this week to buy back 437,000 ETHFI Tokens.
The foundation also announced the subsequent buyback plan: it will regularly use the weekly withdrawal fee income and the monthly protocol income to repurchase ETHF tokens. The tokens obtained from the buyback will be distributed to ETHF staking point holders.