NEW YORK—U.S. bank executives on Tuesday raised concerns about the impact of a sustained period of higher inflation, adding to pressure on the Federal Reserve to accelerate plans to slow down the pace of its asset purchases. Wells Fargo Chief Executive Charlie Scharf said at a conference that the Fed may need to move more quickly to address inflation concerns. Goldman Sachs Chief Executive David Solomon said he anticipated a period of higher inflation. The International Monetary Fund last week warned of intensifying inflationary pressures, especially in the United States, and said U.S. central bankers should focus more on inflation risks. “There’s a case to be made that they (the Federal Reserve) should be moving faster than they’ve been moving,” said Scharf, speaking at the Goldman Sachs Financial Services Conference. “Inflation is very, very real,” he said. “Prices are significantly higher for inputs across most industries. Labor shortage and wage …