Bostick states that the Supreme Court's tariff ruling presents new issues for the Federal Reserve

LootboxPhobia · 2026-02-20T16:25:32+00:00

Atlanta Fed President Bostic stated that the Supreme Court's ruling on the Trump administration's import tariffs presents new challenges for Federal Reserve policymakers, especially regarding whether to refund companies that have already paid tariffs, which could lead to confusion and changes in business models.

LootboxPhobia

2026-02-20 16:25:32

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Investing.com – Atlanta Federal Reserve Chair Raphael Bostic said on Friday that the Supreme Court’s ruling on broad import tariffs imposed by the Trump administration has raised new questions for Federal Reserve policymakers trying to understand their impact on prices and the economy.

Bostic said at a public event in Birmingham, Alabama, “Do we need to refund companies that have already paid tariffs? … If so, that would cause a lot of confusion.” “Will this lead companies to revert to their old supply source business models? … Is there another way to reimpose all these tariffs at the same level?”

Bostic noted that it is difficult to know the impact of the Supreme Court’s tariff ruling and pointed out that it depends on whether refunds are needed and how companies respond.

Earlier on Friday, the U.S. Supreme Court ruled 6-3 that President Trump’s use of emergency powers to establish global tariffs was unconstitutional.

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