Commodities
US Inflation Data Sends Copper Prices Slumping Amid Rate Hike Bets
Copper prices slumped on September 14, 2026, after hotter-than-expected US inflation data sparked bets on the Federal Reserve hiking interest rates. Futures on the London Metal Exchange declined by as much as 0.6% following their first weekly drop since June.
The decline in copper futures was not isolated to this metal alone. Most other major metal contracts also traded lower, affected by a strengthening dollar and broader market pressure on risk assets.