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Stocks, bonds slide amid widespread fear of economic slowdown

U.S. stocks fell broadly in afternoon trading Wednesday as central banks cut interest rates and increased fears that global growth is being crimped by the U.S.-China trade war.

Former Fed leaders rebuke Trump for attacks on Powell

In a strong rebuke to President Donald Trump, the four living former leaders of the Federal Reserve say that the head of the nation’s central bank should be able to make interest-rate decisions free of political pressure and the threat of being removed or demoted.