Copper prices rose sharply on Thursday on a weaker dollar and expectations of interest rate cuts next year that would boost economic growth and metals demand. Three-month copper on the London Metal Exchange reached $8,565 per metric ton, up 2.8%, the biggest daily gain since Jan. 9 this year. Copper pared gains to $8,550, up 2.6%, in official open outcry trading. Fed Chair Jerome Powell said the historic tightening of monetary policy was likely over as inflation falls faster than expected, with a discussion of cuts in borrowing costs coming “into view.” The Fed news prompted rallies across global stock markets on ... (full story)