#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's personal attorney Jim Trusty turns to the Crypto Assets lobbying industry to establish NexusOne.
Golden Finance reports that Trump’s former lawyer Jim Trusty, who previously represented him in a defamation lawsuit against CNN, is now turning to the Crypto Assets lobbying consulting business. He is currently collaborating with Jeff Ifrah, the owner of the law firm Ifrah Law, to launch NexusOne. He stated that the company has a partnership with Trump, which allows key White House staff to participate in meetings and helps clients navigate the complex situation in Washington, D.C., effectively advancing policy objectives and influencing legislators.