#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
PsyFi reminds PsyVault and PsyLend users to withdraw before June 30th
Odaily Planet Daily News Solana ecological financial tool provider PsyFi reminded in the article X: Please withdraw assets from all PsyFi products (PsyVault and PsyLend) before June 30th to avoid any potential issues in the future. On June 11th, PsyFi announced that due to the upgrade of the Pyth Oracle Machine, it cannot guarantee the support for PsyFi products. Therefore, all products will enter the withdrawal-only mode from today.