Fed's Powell Cuts Rates, Faces Dissent

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Federal Reserve Chair Jerome Powell cut interest rates despite dissenting votes from some members, indicating a divided central bank, but downplayed the significance of the disagreement.

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Federal Reserve Chair Jerome Powell downplayed dissenting votes against the decision to lower interest rates again, but details from the meeting revealed a divided central bank. Bloomberg's Enda Curran shares what we know so far. (Source: Bloomberg)

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Original article published by Bloomberg on December 11, 2025.
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