#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
Trump: If the California government cannot control the riots and looting, the federal government will intervene.
Former President Trump posted on Truth Social that if California Governor Newsom and Los Angeles Mayor Karen Bass cannot do their jobs (which is well known that they cannot), then the federal government will step in to appropriately address the issues of rioting and looting!!!