St. Louis Fed President: If tariffs are implemented in an alternative manner, maintain the outlook for the U.S. economy

Alberto Musalem, President of the St. Louis Federal Reserve, stated on Friday that if the Trump administration can maintain most tariffs through other means, there is unlikely to be a significant change in the economic outlook, and he hopes to understand whether companies will receive tariff refunds and the amounts involved.

Regarding the possibility of interest rate cuts this year, Musalem pointed out that the Federal Reserve's benchmark interest rate is at or below the so-called neutral rate level, which neither stimulates nor suppresses the economy. He mentioned that the current monetary policy is in a good position to respond to inflation or employment targets