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Europe stocks slump to their lowest level in 20 months as Wall Street sell-off grips global markets

Sam Meredith

Equity markets have tumbled on the back of heightened fears over an expected slowdown in global economic growth and rising interest rates. President Donald Trump called the U.S. Federal Reserve “crazy” for its insistence on continually hiking rates. The European Union's Michel Barnier said a Brexit agreement was achievable as soon as next week.