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18th September – Highly anticipated Fed rate decision underwhelms investors
In this episode of MPC Morning Call, Mark from MPC Markets discusses the recent Fed rate decision and its implications, along with the impact on Nvidia due to China's ban on chip purchases. The conversation covers market reactions, political influences, and strategic moves by major companies.Takeaways• Fed's decision was underwhelming, with only a 25 basis point cut.• Trump criticized the Fed's move, demanding a larger cut.• China banned Nvidia chip purchases, impacting the market.• Nvidia's stock affected by China's strategic shift to local chips.• Market reactions were mixed, with some…
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