Fed officials mull whether rates high enough as inflation expectations jump

Federal Reserve officials are debating if the current U.S. interest rates are sufficient to combat inflation, especially after a recent survey indicated a rise in consumer inflation expectations. Dallas Fed President Lorie Logan emphasized the need for flexibility and cautioned it's too early to consider rate cuts, while other officials like Neel Kashkari and Raphael Bostic expressed a more cautious approach, suggesting rates might stay unchanged for an extended period. The discussions continue as inflation expectations and economic indicators send mixed signals, complicating the Fed's decision-making process regarding future monetary policies.