#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
BlackRock CEO warns: US debt has soared to $36 trillion, and America must achieve a 3% rise to avoid a debt crisis.
BlackRock CEO Larry Fink warned at the 2025 Forbes Summit that the U.S. would "drown" in debt unless a way to stimulate and grow the economy was found. Fink noted that the U.S. national debt has grown from $8 trillion in 2000 to $36 trillion now, and the upcoming tax bill is expected to add another $2.3-2.4 trillion. He stressed that the United States faces a serious crisis if it does not achieve a real growth rate of 3% per year. Despite the dire situation, Fink proposed solutions, including freeing up more private capital, streamlining the permitting process, rebuilding infrastructure, and addressing the projected shortage of 500,000 electricians. He said the basis for growth remains, but if the U.S. continues to teeter around 2% economic growth, the national debt will eventually crush the country.