[Fed Rate Cut Expectations Drive Copper Price Rebound, Once Rising to $11,582 Per Ton] Copper and other industrial metal prices rose as traders anticipated the Federal Reserve would cut rates for the third consecutive time. Copper prices once climbed 0.8% to $11,582 per ton, recovering most of the losses from the previous trading day. Investors expect the Federal Reserve to announce a 0.25 percentage point rate cut early tomorrow morning (UTC+8) while looking for clues about next year's monetary policy. By 2026, the money market predicts the Federal Reserve will implement two more rate cuts.