#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
Eliza Labs and IoTeX establish a strategic partnership
Golden Finance reported that Eliza agent framework open-source vendor Eliza Labs has established a strategic partnership with AI+DePIN modular infrastructure platform IoTeX. The cooperation between the two parties will integrate IoTeX's modular DePIN infrastructure with ElizaOS, enabling AI agents to utilize real-time data and services from the DePIN network and control physical devices in a decentralized environment.