103270963 : What does this indicate?

Brianjh OP 103270963 : Inflation is easing/cooling down as expected. higher chance for fed to cut rate this September

EthiCapitalist : PCE ticked up, so probably not well.

MonkeyGee : oh man,  I see alot of people are going to be in alot pain over the weekend.

Mon Thu : Bank king I account RHB

Supermengg :

Make it Big : Apple Intelligence coming!!

mr_cashcow : Nice, hope this becomes a weekly thing
1)
A. $BHP Group Ltd (BHP.AU)$
B. $Rio Tinto (RIO.US)$
C. $Freeport-McMoRan (FCX.US)$
2)Here is how rate cuts can affect the above mining companies:
Lower borrowing costs: Reduced interest rates can lower borrowing costs, decreasing interest expenses and improving profitability
Increased global demand: Rate cuts can stimulate global economic growth, increasing demand for commodities like iron ore, copper, and coal
Higher metal prices: Weaker currencies and increased demand can lead to higher metal prices, positively impacting their revenues
Reduced capital expenditure: Lower interest rates might reduce the attractiveness of capital-intensive projects, potentially slowing the respective company investment in new projects
Apart from rate cuts I think the increasing environmental & social concerns about climate change, sustainability, & social responsibility can shift the economy towards focusing on recycling, reuse, and waste reduction which can in turn transform the metal and mining industries due to increase demand in renewable Energy which will increase demand for certain metals such as copper & lithium while reducing demand for others like coal

102362254 : Question 1 -
Company A: $BHP Group Ltd (BHP.US)$
Company B: $Rio Tinto (RIO.US)$
Company C: $Freeport-McMoRan (FCX.US)$
Question 2 - The likelihood of a significant rate cut in 2024 remains uncertain, but if it happens, it could benefit BHP, Rio, and FCX. Lower interest rates typically stimulate economic activity, potentially increasing demand for commodities such as iron ore and copper, which are core products for these mining giants. Of course, the ultimate impact will depend on market dynamics and central bank decisions.