Today: Fed hebt Zinsen an / Ist Nvidia „too big to fail“?

The Federal Reserve (Fed) recently raised interest rates for the first time in around three years, on Wednesday evening. The new target range is 3.75 to 4.0 percent. This increase was anticipated due to inflation developments and strong labor market data in the United States. Former President Donald Trump had accused the Fed of raising the interest rate for political reasons, but the new Fed Chair, Kevin Warsh, had nominated himself for the position.

Does Warsh's decision to raise interest rates demonstrate his independence? Could this be the trigger for subsequent rate hikes? According to financial economics professor Harm Bandholz from the HAW Kiel, the Fed's decision may indeed be the starting gun for further interest hikes.

Additionally, Nvidia is the world's most valuable publicly traded company, with a market capitalization of over five trillion dollars. The company's CEO, Jensen Huang, has established a network of stakes, financing, and guarantees that connect Nvidia to hyperscalers, AI startups, and Wall Street. This risky strategy has been explained by Astrid Dörner, the chief reporter for investment and markets at Handelsblatt, in conversation with Handelsblatt volunteer Sophia Ulrich.

Nvidia is becoming a silent risk for the global financial system due to this extensive web of connections.