Federal Reserve Bank of Chicago President Austan Goolsbee said he wants to see more data before making a decision about how to vote at the central bank’s December meeting, but warned he’s more concerned about inflation than the labour market right now.

“I’m not decided going into the December meeting,” Goolsbee said Monday on Yahoo Finance. “I am nervous about the inflation side of the ledger, where you’ve seen inflation above the target for four and a half years and it’s trending the wrong way.”

Policymakers, including Goolsbee, voted to lower their benchmark interest rate by a quarter percentage point at their October 28-29 meeting, their second straight reduction as they try to bolster weakened hiring in the labour market.

In a press conference following the meeting, Chair Jerome Pow

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