Fed's Williams says needs to see how data play out to consider September cut - CNBC

WASHINGTON, Aug 27 (Reuters) - New York Federal Reserve bank President John Williams said on Wednesday it is likely interest rates can fall at some point but policymakers will need to see what upcoming data indicate about the economy to decide if it's appropriate to make a cut at the September 16-17 meeting.

"Every meeting is, from my perspective, live" for a change in the benchmark policy rate, Williams said in a CNBC interview. "Risks are more in balance. We are going to just have to see how the data play out."

The Fed will get another jobs report and new data on consumer price inflation before its next meeting.