#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
Solana ETF Proposed by $1.5 Trillion Investment Titan
Franklin Templeton, which boasts $1.53 trillion under management, has filed to launch a Solana exchange-traded fund in the U.S
Cboe BZX Exchange filed a regulatory form on behalf of the financial titan earlier this week
This comes shortly after it filed to launch an XRP ETF on Wednesday
This is the biggest player to enter both closely watched ETF races to date.
As reported by U.Today, the SEC recently delayed its decision on both XRP and Solana ETFs on Wednesday
With that being said, Polymarket bettors currently see high odds of approval for both of these products.