![Fed keeps_0502](https://firstmetro.com.ph/wp-content/uploads/2024/05/Fed-keeps_0502.jpg)
- Policy rate remains in 5.25%-5.50% range
- Fed policymakers concerned by recent inflation data
- Markets take ‘dovish’ view of Fed chief’s remarks
https://www.reuters.com/markets/rates-bonds/fed-hold-rates-steady-inflation-dims-hopes-policy-easing-2024-05-01/