"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ “Here’s the Scoop” podcast.

It’s been a little mixed,” Goolsbee said Friday, referring to recent inflation data in an interview on CNBC. “I feel like we still need another one, at least, to figure out if we’re if we’re still on the golden path.

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.