<ul><li>The latest inflation news is welcome but the Fed still hasn’t made enough progress</li><li>A weaker jobs report in March unlikely to change the monetary policy outlook</li><li>Plethora of surprises make it hard to predict what US central bank will do at the May meeting</li></ul><p>We’re going to hear from the Fed’s Williams shortly.</p>

This article was written by Adam Button at www.forexlive.com.