Economics news headlines

FOMC statement: no big changes – Fed

BoE expands QE by £25bn – FT

World Bank on China: growth up while current account surplus down – FT

ECB could start unwinding stimulus next month – FT

US increase in manufacturing jobs offset by decrease in service sector – Calc Risk

Signs of consumer spending cutbacks – naked capitalism

Swedes propose scrapping limits on hedge fund leverage – WSJ

China not set to power the global economy – via Economist

Agreement with Roubini: “The roots of the coming crash” – Felix salmon

Conflict of interest? Banks can tweak securities placed as collateral with central banks – FT Alphaville

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