🔥 #JPMorgan , #Citi , and #GoldManSachs forecast that the Federal Reserve will cut interest rates by 25-50 basis points in the upcoming announcement next week.

The CPI is the only important economic data this week🤨

Wednesday's CPI will be the only data of note this week, with consensus expecting a ~0.2% Core MoM print thanks to expectations of further downward price pressures on vehicle sales and shelter inflation. However, CPI days have disappointed in terms of realized moves this year, with Citi reporting that the average move in 2023 to be merely +/- 0.62%.

In terms of event volatilities, Jackson is currently priced as the most important event through to early September, beating out both this week's CPI and post-Labor Day NFP.

#CPI #inflation #Citi #JacksonHole #NFP

𝗝𝘂𝗻𝗲 𝟭𝟭, 𝟮𝟬𝟮𝟰

BREAKING: Elon Musk says he might need to develop a #Grok phone if '#Apple actually integrates woke nanny AI spyware into their OS'.

#JPMorgan and #Citi no longer expect rate cuts in July. Experts predict 1-2 cuts in late 2024.

#avalanche

... and talking about useful use cases in the real world🌎

#Citi (A large bank) recently announced that it has completed a proof of concept on tokenization of private funds.

💡 Tokenization of real-world assets a.k.a. #RWAs is one of my top narratives for the upcoming #bullmarket

Here AVAX is showing that it's capable of adding value to big financial institutions that work with the highest international standards in the world.

Avax is well-connected and has proven to deliver value to big financial institutions. Banking represents a huge market for traditional financial product tokenization.

Keep your eyes on $AVAX

Ps. We are not even counting #cryptogaming on Avalanche!