0925 ET - Interest rates are currently in a good spot to balance low unemployment and stable prices, New York Federal Reserve president John Williams says on CNBC. Williams supported the Fed's decision at the last meeting not to raise rates. Real interest rates are rising from heavy investment in AI infrastructure, which is bleeding into other sectors like mortgages in a detrimental way, he says. But the Fed's role is to keep collecting data, push past market signals and focus on it main goals of maximum employment and price stability, Williams says. As for potential rate increases going forward, Williams says "we have to wait and see."