Scott Melker discusses the latest Personal Consumption Expenditures (PCE) report, the Federal Reserve's preferred inflation gauge, which showed prices fell more than expected in August, and what it might mean for bitcoin (BTC-USD) and the rest of the cryptocurrency. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Video Transcript 00:00 Scott Melker PCE, the Fed's favorite inflation gauge came in surprisingly soft, meaning that apparently the inflation worries are now over. Bitcoin and all markets can go up and everything is hunky Dory. It's obviously not that simple.
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