Beisen Te: Basic inflation data is very mild, core inflation is slowing down
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US Treasury Secretary Besson said that the Federal Reserve must focus on the situation in the next 9, 12, and 18 months, with very mild basic inflation data, slowing core inflation, and the end of the K-shaped economic era.
Stablecoin infrastructure provider Yellow Card has completed a strategic financing of $40 million, with investors including SC Ventures under Standard Chartered Bank and Sony Innovation Fund Polychain Capital、Blockchain Capital， The funds will be used to expand Yellow Card's end-to-end USD account service for businesses, the Global USD Account, and to expand stablecoin channels connecting global markets.
According to Fortune, Cloudflare has launched an identity authentication tool and digital wallet service for AI agents, supporting AI assistants to represent users in online shopping and payments. The service provides AI agents with a verifiable permanent network identity, and the wallet supports recharging through bank transfers and converting funds into stablecoins pegged to the US dollar. Users can authorize AI agents to use the wallet to complete shopping payments.
The United States is soliciting opinions on expanding the scope of metal tariff products and proposing to impose tariffs on products such as welding machines and cranes.
Societe Generale stated that the strong profitability of American companies is spreading outward from large technology stocks and supporting the stock market. 86% of companies have exceeded expectations and their profit margins are at historical highs. The 2026 earnings per share forecast has been raised to $335. Societe Generale stated that investment in artificial intelligence remains strong and expects the S&P 500 index to reach 8000 points, urging investors to buy on dips.
