London copper drops to nine-month low on recession fears - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 20 June 2022

London copper drops to nine-month low on recession fears

China left its benchmark lending rates for corporate and household loans on hold, with global central banks' rate increases making it tough for Beijing to stimulate a weak domestic economy by lowering rates.​ Last week central banks including the U.S. Federal Reserve raised interest rates to contain soaring inflation, reigniting worries over potential global recession.

from Commodities-Markets-Economic Times
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