Prices are not rising anymore, why hasn't the Federal Reserve lowered interest rates?

According to the Wisdom Financial APP, the milder-than-expected inflation data and the significantly easing tensions in the US-China trade war are alleviating concerns in the market about serious impacts on American households and businesses in the coming months. This has prompted Wall Street institutions to lower their expectations of an economic recession and has provided policy space for the Federal Reserve to maintain the current interest rate levels.