Commodities

Copper Steadies Near Highest in a Month Ahead of Jackson Hole Meeting

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Copper steadied after a recent rebound as investors awaited the US Federal Reserve’s annual Jackson Hole meeting, which could offer clues on how rapidly the central bank will cut interest rates.

Central bankers from around the world are descending on the retreat in Wyoming for days of discussion about monetary policy and the state of the global economy. The centerpiece is Fed Chair Jerome Powell’s speech on Friday.