Veytics Intelligence
2026-10-16 · Yahoo

Hot PPI report throws cold water on rate cuts

Scott Melker discusses MSCI's latest decision, which could remove Strategy (MSTR) and other bitcoin (BTC-USD) treasury companies from the index, Google's (GOOG, GOOGL) latest quantum computing breakthrough, and why the hot PPI report may put the Fed's rate cut decision on hold. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's newcrypto hub to find the latest crypto-related news. Video Transcript 00:00 Scott Melker We just got the hottest inflation reading in four years, but somehow prediction markets are predicting that the Fed will pause and not hike rates. Make any of it make sense.

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