(Reuters) -Federal Reserve Governor Stephen Miran tied on Tuesday a deteriorating job market to the current state of central bank interest rate policy.

"We have to recognize that the unemployment rate has been drifting higher, and that is a function of monetary policy being too tight," Miran said in an interview on Fox Business.

"My concern is that if we don't continue cutting rates and do so at a reasonably quick pace" the jobless rate will continue to rise, the policymaker said in the interview.