#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
A certain platform confirms US IPO plans, has submitted a SEC registration draft, and the issuance details are pending.
Golden Finance reported that after market rumors suggested that a certain platform in the cryptocurrency exchange was secretly conducting an IPO in the United States, a spokesperson for the exchange stated that the IPO would proceed after the review by the SEC ( SEC ), with the specific timing depending on the market and other conditions. Additionally, the spokesperson revealed that the platform Space Station company has submitted a draft S-1 registration statement to the SEC, but the number of Class A common shares to be issued and the price range have not yet been determined.