Fed's Miran continues to press for rate cuts in Yahoo Finance interview

Nov 5 (Reuters) - Federal Reserve Governor Stephen Miran reiterated Wednesday that he believes the current level of short-term rates is creating risks for the economy.

“I think policy is too restrictive and that we're too far above where neutral rates would be,” Miran said in an interview on Yahoo Finance’s website. “Given the state of the labor market, I think that continuing to run policy that restrictive” is something that would “run unnecessary risks,” he said, adding barring a surprise it would make sense to cut rates again in December.