RPT-Fed is biggest risk to US growth, Miran says

Feb 12 (Reuters) - The Federal Reserve and its mistaken assessment of how restrictive its current policy setting is threatens U.S. economic growth that otherwise is being "underwritten" by a range of Trump administration policies including tax cuts, Fed Governor Stephen Miran said on Thursday.

"The biggest risk I think to the economy is that we're misconstruing just how tight monetary policy is," Miran said at an event at the Dallas Fed, adding that he does not think there is an inflation problem. Miran, who was a White House economic advisor before he was appointed to the central bank, has been one of the Fed's biggest advocates for easier policy.