US Fed Hints Monetary Stimulus Could Be Pulled Sooner Than Expected
By JANE DENTON
Shares on the London Stock Exchange took a hammering today amid concerns that global growth is slowing, the Delta variant of Covid-19 is spreading and central banks will pull monetary stimulus sooner than expected.
At just after 3pm, the FTSE 100 index was down 1.43 per cent or 102.17 points to 7,068.30. The FTSE 250 index, which is more UK-focused, was down 0.78 per cent or 186.89 points to 23,649.48.
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