ECB would be "wise" to cut rates in September - Villeroy

PARIS, Aug 30 (Reuters) - The European Central Bank would be "wise" to deliver another interest rate cut at its September governing council meeting, ECB policymaker Francois Villeroy de Galhau said in a magazine interview released on Friday.

Villeroy, who is also governor of the French central bank, told Le Point that if the ECB waited to reach its 2% inflation target to cut interest rates, it would act too late and run the risk of undershooting.

(Reporting by Leigh Thomas)

((leigh.thomas@thomsonreuters.com; +33 1 4949 5143;))