Copper news, page-1001

I cannot see them cutting rates any time soon IMO. The latest inflation data in the US was not pretty and after this $95billion funding announcement for further escalating Ukraine & Gaza conflicts, the inflationary pressures are only going to increase IMO. It is much easier for them to throw the Fed Chief under the bus and say he lied, just like they did with the Australian Reserve Bank head last year. Governments do not care about the people struggling in rising interest rate environments, they only care about themselves.

Copper prices should rise regardless, especially with all the supply issues from these major international Cu miners and Chinas resurgence expected soon as they escalate into a war footing just like Russia have done in the past couple of years which has boosted their economy big time. They all need tonnes of copper!