Copper Retreats From Record as Investors Await Signals From Fed

Copper retreated from an all-time high as investors turned cautious before a US Federal Reserve meeting that will be scrutinized for signs of a more hawkish stance by the bank’s policymakers.

The Fed is expected to deliver a quarter-point cut to interest rates on Wednesday, but any hint at a slower pace of easing in 2026 could hurt risk assets including commodities.