Bernanke spells out policy options should economic outlook deteriorate further
Performance of labour market in the coming months will be a key factor
U.S. interest rates hold steady
Regulators seek comment on alternative standards of creditworthines
Beige book shows greatest weakness in real estate, construction
Fed approves TD deal for South Financial
Fed’s ability to aggressively deal with further economic shocks is beginning to run thin
Fed unlikely to raise rates until the first quarter of 2011
Job market, consumer spending improve
Regulators had no means of preventing failure