At Fed Meeting, Interest Rate Cut Expected Amid Divisions NYT | Top Stories By: Colby Smith 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 TimesJerome 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.