I want it to be possible for the Magento admin to set the passwords for the customers manually in the backend. Is this not possible anymore in Magento 2?
I can only find the option to reset the password so that an email is generated.
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I just had a look and yes, it seems this function was removed in Magento 2. There is only the option to reset a password for a customer.
The benefit of this is that the customer will receive an e-mail with a link where they can set their own password. There is no need to tell/write the plain-text customer password to an admin.