SMM Copper Morning Briefing: On the macro front, US Fed officials Bowman and Goolsbee have both hinted that if inflationary pressures are brought under control, they will support an interest rate cut in July. Goolsbee claimed that since Trump imposed tariffs on April 2, there has been a lack of significant inflationary pressure, which may enable the US Fed to resume cutting interest rates. Bowman stated that if inflation remains mild, she will support an interest rate cut in July. The US dollar index has been on a downward trend, supporting overnight copper prices.