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Thursday, March 28, 2024

Copper prices are set to drop another 11%. That would be a good sign for inflation but a bad omen for the economy.

The ongoing decline in copper prices is likely to continue further according to Fairlead Strategies’ Katie Stockton, and while that could be viewed as a good sign for cooling inflation, it’s a bad omen for the broader economy. Copper prices are often viewed as a leading indicator of the broader …

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