While the Federal Reserve should keep the option open for a rate hike in June, Atlanta Fed President Dennis Lockhart said he is "on the fence" about whether that hike should happen next month.
It comes down to the data, he said in an interview with CNBC's "Closing Bell" from the Hoover Institution's International Monetary Stability Conference.
A continuation of solid employment reports is important, as is an economic growth picture that seems to be more consistent with the jobs numbers, he said.
"Today we kind of have a disconnect between the growth numbers and the employment numbers, and clearly I also would like to see inflation numbers continue to move in the right direction."
The April jobs report will be released Friday, and there will be one more report out before the Fed's meeting in mid-June. Lockhart said any number that comes in has to be looked at "very carefully" to see what the underlying story is.