The President of the New York Fed said that every policy meeting is a substantial meeting where interest rate action may be taken.

New York Federal Reserve President John Williams said that the upcoming policy meeting of the US Federal Reserve could involve policy actions, hinting at a possible adjustment in interest rates, but did not disclose what action he would support. "From my perspective, I definitely think that every meeting is a possibility for policy action," Williams said in an interview on Wednesday. "We are working to balance risks," he referred to the dual mandate of the Federal Reserve to achieve full employment and price stability.