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Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates
8 December 2025 at 18:03
The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him.
The conundrum Jerome H. Powell faces in his final months as the Federal Reserve chair is unlike anything he has experienced in his eight-year tenure.
© Caroline Gutman for The New York Times
