Copper futures saw their largest one day drop on record after the White House surprised markets by exempting refined copper from tariffs.

Co-CIO David Aspell shared insights with Sean Conlon at CNBC, ahead of the July FOMC meeting, emphasizing the importance of maintaining its credibility and independence.

Co-CIO David Aspell joined Doug Krizner on Bloomberg Daybreak Asia to break down the trade and rate policy shifts shaping the macro environment. He explained why the current policy rate may be out of sync with the economy’s direction: