The American Federal Reserve holds fixed prices

The American Federal Reserve left the record interest rate that did not change on Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Federal Reserve seeks to scale where inflation is heading and what President Donald Trump may follow.

The central bank reduced its average last year from 5.3 percent to 4.3 percent, in part due to the interest that the labor market was weakening.

Employment slowed in the summer and discovered the unemployment rate, prompting officials of the Federal Reserve to agree to reduce half a point in September. However, the employment recovered last month and the unemployment rate decreased slightly, to 4.1 percent.

In its statement on Wednesday, the Federal Reserve promoted its evaluation of the labor market, describing it as “strong”, and indicated that the unemployment rate “settled at a low level in recent months.”

The Federal Reserve appears to be stressing its evaluation of inflation, saying it “is still somewhat high.”

Each of the labor market usually means more healthy and more stubbornly enlarged interest rates in the coming months. Federal Reserve Chairman Jerome Powell said it is difficult to measure where inflation is heading, partly due to the increased uncertainty about the policies that Trump will adopt and its impact on the economy.

Canada lower prices

Hours ago, the Canadian Central Bank reduced the interest rate by 25 basis to three percent, as the ruler Tif McLim warned that he could only do a little to deny the economic impact of any American tariff imposed on Canadian imports.

Trump has promised the widespread definitions, tax discounts, and the mass deportation of migrants, all of whom may pay prices up. He said he would impose a 25 percent tariff on all Canadian imports, a step that could come early from February 1.

The Federal Reserve usually maintains high interest rates to slow down borrowing, spending and cold inflation. Powell said in December that the central bank entered a “new stage”, as it is expected to move more. In December, federal reserve officials have indicated that they may reduce their average only twice this year.

Goldman Sachs economists believe that these cuts will not happen until June and December. In November, inflation was only 2.4 percent, according to the preferred management of the Federal Reserve, not far from its 2.0 percent goal. However, with the exception of the dining and volatile energy categories, the basic prices increased by 2.8 percent from the previous year.