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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Goldman eyes crypto spending spree, rate rise fears dampen mood, food price inflation dips

Jitters over the eventual peak for US interest rates have returned to cast a cloud over financial markets, while Goldman Sachs is ready to snap up crypto trading companies according to a news wire report.

Solid figures from the US economy yesterday cooled speculation that the Federal Reserve might soften its approach on rates early next year.

The resulting stronger dollar means the pound is back below $1.22, while the S&P 500 index dropped 1.8% on Monday night.

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