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'Tariff ruling unlikely to sway rate cut policy'

Gulf Today

|

February 24, 2026

A top US Federal Reserve official said Monday that he did not expect the Supreme Court's decision against President Donald Trump's global tariffs to affect his view on whether to cut interest rates.

- Agence France-Presse

Fed Governor Christopher Waller noted the high court's ruling to strike down many of Trump's tariffs comes with significant uncertainty -- be it on prices or on spending and investment.

“This ruling is unlikely to have a significant impact on my view of the appropriate stance of policy,” he said in prepared remarks to a conference in Washington.

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