Kugler says Fed should hold interest rates amid inflation risks

1. Fed's Kugler expresses concern over persistent inflation and rising price expectations. 2. Consumer Confidence Index shows 12-month inflation expectations increased to 6%. 3. Kugler suggests holding interest rates steady amid inflation pressures. 4. Potential tariffs and policies may lead to further price increases. 5. Market anticipates steady rates for upcoming Fed meetings, with some chance of cuts.