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The Federal Reserve's December 2025 decision exposed a crisis most analysts won't discuss. When Jerome Powell cut rates but saw three board members dissent—something that hasn't happened in 37 years—it revealed deep fractures at the heart of American monetary policy. This isn't just about interest rates. It's about a central bank making decisions with incomplete data during a government shutdown, facing political threats to its independence, and trapped between inflation and recession with limited tools to fight either. As someone who has studied financial crises for three decades, I can tell you: the warning signs flashing now are the same ones that preceded every major economic collapse. The difference? This time, we have less capacity to respond.