Xinhua News Agency, June 15, Federal Reserve Chairman Colin Powell said that it is too early to fully understand the credit crunch related to banking turmoil, and that if we see more impact from the credit crunch, it will be taken into account in interest rate decisions.

Xinhua News Agency, June 15, Federal Reserve Chairman Colin Powell said that it is too early to fully understand the credit crunch related to banking turmoil, and that if we see more impact from the credit crunch, it will be taken into account in interest rate decisions.