Miran repeats Fed policy remains 'too restrictive'

[Semafor World Economy Summit Fall Edition - Day 2]
Paul Morigi/Getty Images Entertainment

Federal Reserve Governor Stephen Miran reiterated Wednesday that the central bank's monetary policy stance remains "too restrictive," pointing to lower inflation and policy lags.

"The way that we measure inflation lags behind where the market is by a significant amount of time," Miran said in a panel discussion at the University of Cambridge in the U.K.

This is a developing story. Check back for updates.

MORE ON THE U.S. ECONOMY

* Yen And Sterling Weakness Featured [https://seekingalpha.com/article/4841813-yen-sterling-weakness-featured]
* Stock Correlations Bid As Mag-10 Stocks Underperform Broader Market [https://seekingalpha.com/article/4841718-stock-correlations-bid-as-mag-10-stocks-underperform-broader-market]
* When The 10-Year Doesn't Matter: The Real Driver Of Rates Is The Fed's Terminal Rate [https://seekingalpha.com/article/4841710-when-10-year-doesnt-matter-real-driver-of-rates-is-fed-terminal-rate]
* Bessent says Treasury to adjust issuance gradually, sees robust market aiding affordability [https://seekingalpha.com/news/4520647-bessent-says-treasury-to-adjust-issuance-gradually-sees-robust-market-aiding-affordability]
* Hassett says some October U.S. economic data may never be known - report [https://seekingalpha.com/news/4520089-hassett-says-some-october-u-s-economic-data-may-never-be-known-report]