Fed's Musalem: tariff ruling could mean uncertainty

February 20, 2026 4:10 PM EST

FILE PHOTO: St. Louis Federal Reserve President Alberto Musalem speaks to the Economic Club of New York, in New York City, U.S., February 20, 2025. REUTERS/Brendan McDermid/File Photo

Feb 20 (Reuters) - ‌St. ​Louis ​Federal Reserve President Alberto Musalem on ‌Friday said that if the ⁠new tariffs President Donald Trump ‌announced after the ‌Supreme Court threw out some of his global ​tariffs are essentially one-for-one replacements, his economic ⁠forecast would be overall unchanged, but ​he said he would be talking to CEOs to ​see how they ‌are managing any uncertainty.

"It is possible that ⁠as companies begin to think of how they're ⁠going to transition from paying ​IEEPA tariffs to paying a different kind of tariffs, that could ‌introduce a period of uncertainty there for ‌companies," Musalem told ⁠Fox Business ‌Network's Edward ​Lawrence.

(Reporting by Ann Saphir, Editing by Franklin ‌Paul)



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