# Copper prices dip ahead of Fed’s interest rate decision - Markets - Business Recorder

> Copper prices dipped on Wednesday as investors anticipated another aggressive 75bp Fed hike. The dollar was near a two-decade high, and Shanghai announced infrastructure projects worth 1.8 trillion yuan to support the economy.

- Date: 2022-09-21 · published 2022-09-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39496-copper-prices-dip-ahead-of-fed-s-interest-rate-decision-markets-business
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes dollar-priced commodities dearer for overseas buyers, while Chinese infrastructure spending offers some support to industrial demand.

## Sources

- brecorder.com: https://www.brecorder.com/news/40198754

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.