Today's Headlines

Bloomberg:

• China Coal Giant Said to Be Allowed Higher Output to Curb Prices. China’s biggest coal producer will raise output this month amid a government-led attempt to coordinate production after a sharp increase in prices this year drew concern from consumers. Fourteen coal mines owned by Shenhua Group may raise coal output by as much as 2.79 million metric tons this month, according to people with direct knowledge of the matter, who asked not to be identified because the information is private. Inner Mongolia Yitai Group Co. and China Huadian Corp. have also been allowed to increase output in September.
• Europe’s Bonds Decline With Treasuries as Impact of BOJ Wanes. The Bank of Japan’s impact on Europe’s longer-maturity bonds proved fleeting, with investors soon turning their attention to the Federal Reserve meeting later in the day. German 30-year securities initially fell after Japanese officials said they’d amend monetary policy and concentrate on controlling yields across different maturities, before paring that slide at the start of the U.S. day. Then, as Treasuries started to decline, Europe’s benchmark long-dated securities followed suit amid speculation Fed officials will strike a hawkish tone on future interest-rate increases.

Wall Street Journal:

• Federal Reserve Interest-Rate Decision: Live Updates. 
• Bank of Japan Fires in Two Directions at Once. Contradiction in announced policy—setting a new target while keeping the old—suggests internal clash.
• Charlotte Police Say Man Shot and Killed Tuesday Had Gun, Not Book. City officials seek to forestall second night of unrest.
• French Children Prepare for Terrorist Threat With Drills at School. New security procedures come after spate of attacks that have reverberated in everyday life.

CNBC:

• Sharply Divided Fed Indicates Rate Hike This Year. (video)
• Here's what changed in the new Fed statement. (video)
• Leon Cooperman: SEC charges are without merit; we will vigorously defend ourselves. (video)

Zero Hedge:

• Fed Chickens Out: 3 Presidents Dissent As Fed "Decides To Wait For Further Evidence" Of Strengthening Before Hiking.
• $195 Billion Asset Manager: "The Time Has Come To Leave The Dance Floor". (graph)
• Crowdfunded House Flipper Raises $1 Million In 12 Hours... And It Only Costs Him 14%.
• SEC Charges Hedge Fund Icon Leon Cooperman With Insider Trading.
• Crude Extends Gains After Bigger Than Expected Inventory Draw (Despite Production Rise). (graph)
• The Latest on NY/NJ Bomber Rahami - "Sounds Of The Bombs Will Be Heard In The Streets. Death To Your Oppression".
• "Deutsche Bank(DB) May Ultimately Need A State Bailout" - Handelsblatt.
• The Biggest Washington Whopper Yet.
• Gold & Silver Surge, Break Technical Levels.
• Bill Blain: What The BOJ Just Did Is "Recipe For Disaster".
• JPM Downgrades Wells Fargo; Expects More Probes "Following Tough Senate Hearings".

Business Insider:

• Donald Trump hits his highest point yet in Nate Silver's preferred election forecast.
• The first really meaningful and massive Chinese bankruptcy has arrived.
• FBI is looking for 2 'witnesses' who allegedly removed Chelsea bomb from suitcase.
• Wells Fargo(WFC) has one heck of a scandal on its hands.
• Mercedes-Benz just got serious about beating Tesla(TSLA) to the punch with an electric truck.
• A key indicator for iPhone sales has gone into decline. (graph)
• Here are the key details from the Leon Cooperman insider trading charges.

The Telegraph:

• Get ready for the mother of all stock market corrections once central banks cease their money printing.