Fed should be cautious about further rate cuts, Logan says

Oct 3 (Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Friday repeated her view that upside inflation risks, a labor market that is largely in balance and policy that is currently only modestly restrictive means the central bank should not go ahead with further interest-rate cuts.

"We really need to be cautious of further rate cuts from here," Logan said at a conference hosted by the Dallas Fed, the University of Houston, and Banco de Mexico.

Elevated non-housing services inflation is "worrisome," she said, because it suggests even if tariff-driven goods inflation dissipates there will still be upward pressure on prices.