June 12 (Bloomberg) -- Copper fell in London on speculation that interest rates in China and the U.S. will increase, curbing demand in the world's largest users of the metal. Nickel dropped the most in more than three months on signs of slowing orders. China's inflation accelerated at the fastest pace in more than two years in May, the National Bureau of Statistics said today, increasing the likelihood the central bank will raise rates for a third time this year. The U.S. Federal Reserve next meets to decide on interest rates on June 28.
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