Adds quote, updates prices

By Violet Li and Mei Mei Chu

SHANGHAI, Dec 19 (Reuters) -Base metal prices declined after theFederal Reserve indicated a reduced frequency of U.S. interest rate cuts for the coming year, bolstering the dollar.

The three-month copper on the London Metal Exchange (LME) CMCU3 fell 1.2% to $8,923 per metric ton by 0332 GMT.

The dollar index =USD hovered neara two-year peak, making it more expensive for other currency holders to buy greenback-priced commodities.

On Wednesday, the U.S. central bank cut interest rates by 25 basis points, with Fed Chair Jerome Powell stating that future cuts hinge on high inflation reducing, hinting at economic changes under the Trump administration.

The most-traded January copper contract on the Shanghai Futures Exchange SCFcv1 shed0.3% to 73,780 yuan ($10,107.82) a ton by the close of Asia morning trade session.

"Frequent rate cuts like this year are unlikely next year. When the Fed slows cuts, it tends to put a bit of pressure on riskier investments like commodities," a trader said.

LME aluminium CMAL3 slipped 0.6% to$2,514 a ton, zinc CMZN3 eased 0.8% to $2,971.5, lead CMPB3 dropped 0.5% to $1,971.5, tin CMSN3 slid 2.9% to $28,260 andnickel CMNI3 shed 0.8% to $15,390.

SHFE aluminium SAFcv1 fell 0.4% to 19,835 yuan a ton, tin SSNcv1 dipped 2.5% to 239,760 yuan, nickel SNIcv1 declined1.1% to 122,930 yuan, zinc SZNcv1 descended 1.3% to 25,095 yuan and lead SPBcv1 sunk 0.8% to 17,440 yuan.

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($1 = 7.2993 Chinese yuan renminbi)

Reporting by Violet Li and Mei Mei Chu; Editing by Eileen Soreng and Sumana Nandy

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