Copper Climbs as Traders Weigh Fed Outlook Before Inflation Data
Summarize this article with:
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Copper gained as investors await the US inflation data that could impact the Federal Reserve’s stance on further rate cuts. Prices rose as much as 0.9% on the London Metal Exchange on Wednesday, ahead of the key economic report due Thursday. Several Fed officials are due to speak publicly, with Chicago Fed President Austan Goolsbee saying he expectsBloomberg Terminal strong growth and further rate cuts in 2026.
