Federal Reserve Governor Adriana Kugler on Thursday said she believes the U.S. central bank should leave its target for short-term borrowing costs in its current 4.25%-4.50% range, where it is exerting moderate restraint on the economy and on still-elevated inflation.

Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.

Inflation continues to be “bumpy” and continues to be “somewhat elevated,” but the overall US economy continues to be “on a firm footing,” Federal Reserve Governor Adriana Kugler said Wednesday. Kugler said in a speech at Georgetown University in Washington that output has been increasing “at a solid pace,