● Growth worries grip stocks, oil | Reuters
European stock markets fell for a second day on Wednesday, pushing world share indexes back towards their lowest in six months as concern mounts over the strength of global economic growth.
● Fed’s Dudley Says Bets on Mid-2015 Rate Hike Reasonable | Wall St Journal
Federal Reserve Bank of New York President William Dudley said Tuesday the U.S. central bank can likely hold off on raising short-term interest rates until 2015 given the expected path of the economy.
● Global Growth Disappoints, Recovery Pace Uneven & Country-Specific | IMF
The IMF forecasts global growth to average 3.3 percent in 2014―unchanged from 2013―and to rise to 3.8 percent in 2015.
● US job openings at 13-year high in August | US Labor Dept
There were 4.8 million job openings on the last business day of August, up from 4.6 million in July, the US Bureau of Labor Statistics reported today.
● US Consumer credit growth decelerates to 9-mo low in Aug | Federal Reserve
In August, consumer credit increased at a seasonally adjusted annual rate of 5%.
● Bundesbank’s Weidmann Criticizes ECB’s Stimulus | Wall St Journal
German Bundesbank President Jens Weidmann criticized the European Central Bank’s decision to buy private-sector bonds and chastised France for budgetary laxness, taking a hard line against new stimulus just before high-level International Monetary Fund meetings.