Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers’ top priority is returning inflation to its target and that they don’t want to “pre-commit” decisions on interest rates.

“We’ve got to get inflation down — that’s the No. 1 thing,” Goolsbee said Tuesday in an interview with CNBC. “I’m absolutely hammering that’s what we should be watching,” adding that the economic and job growth can’t be the key focus now.