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📊 What Does May CPI Mean for Next Week's Fed Meeting?According to Nick Timiraos of The Wall Street Journal—often referred to as the Fed's unofficial spokesperson—the latest CPI report does little to settle the debate ahead of next week's FOMC meeting.
🔸 Core CPI rose just 0.2% MoM, below expectations of 0.3%. However, a single softer inflation reading is unlikely to change the Fed's stance, especially with headline CPI still running at 4.2% YoY.
🔸 For policymakers to gain confidence that inflation is sustainably cooling, they will likely need to see a broader trend of weaker price pressures

#🔸 LoquaApp launches a privacy-focused AI messaging app on Sui, enabling users to send messages, interact with AI agents, and transfer tokens P2P.
🔸 RipStationxyz deploys graded Pokémon cards on Sui for on-chain and physical exchange.
🔸 0xfluid chooses Hashi to build an institutional-grade Bitcoin credit market, using native #memungkinkan BTC as collateral.
🔸 Realtbook partners with Paga to create a compliant financial bridge, providing RWA to consumers and businesses in Africa.
🔸 Sui Tunnels testing will soon open to test the network's TPS limits under load.
🔸 Turbos Finance (CLMM) reco