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Today — 10 December 2025Main stream

At Fed Meeting, Interest Rate Cut Expected Amid Divisions

10 December 2025 at 23:02
The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.

© Caroline Gutman for The New York Times

Jerome H. Powell, the Federal Reserve chair, has been able corral his colleagues to move as a cohesive group under complex economic conditions, but this meeting could be especially challenging.
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