In this work, we are interested in the global behavior of the following second-order rational system of difference equations with the presence of arbitrary powers given by \(\begin{aligned} u_{n+1}=a+\frac{v^{p}_{n-1}}{bv^{p}_n+cv^{p}_{n-1}},\quad v_{n+1}=\left( \frac{\alpha u^{q}_{n}+\beta u^{q}_{n-1}}{\gamma u^{q}_n+\lambda u^{q}_{n-1}}\right) u^{r}_nu^{s}_{n-1},\,n\in \mathbb {N}_0, \end{aligned}\) where \(p,\,q\in \mathbb {N}\) , \(r,\,s\in \mathbb {N}_{0}\) , the parameters a, b, c, \(\alpha \) , \(\beta \) , \(\gamma \) , \(\lambda \) and the initial values \(u_{-1}\) , \(u_{0}\) , \(v_{-1}\) , \(v_{0}\) are positive real numbers. We establish results on the stability of the unique equilibrium point and the existence of periodic solutions. Numerical examples that confirm the obtained results are presented.