Jerome Powell
Fed's Dovish Pivot: Powell Cuts Rates, Signals 'Wait and See' Amidst Softening Economy
In a move that reverberated across global financial markets, Federal Reserve Chair Jerome Powell, on December 10, 2025, confirmed a significant dovish shift in the central bank's monetary policy. The Federal Open Market Committee (FOMC) enacted a 25-basis-point reduction in the benchmark interest rate, bringing the target range