The result of the game was a penalty by Bukayo Saka, which gave the home team a win and put them back at the top of the league.
When Gabriel Martinelli put them ahead after 58 seconds, they got off to a perfect start, but they were quickly pegged back by Darwin Nunez, who scored after 34 minutes.
After Martinelli broke clear on the counter-attack only for the Reds to level once more eight minutes after the break, substitute Roberto Firmino fired past Ramsdale to give the visitors a share of the spoils.
When Thiago was given a yellow card for a challenge on Gabriel Jesus in the 14th minute of the second half, it felt like another injustice had been done to the Reds.
This was the biggest signal yet that they are heading in the right direction under manager Mikel Arteta, even though they showed signs of maturity and progress when they defeated Spurs.
The way in which the Gunners responded to the Reds' two comebacks, gathering themselves to get back in front and ultimately close out the win is something that Arteta will be happy about.
In the past,Arsenal's mentality has been fragile, but here they showed the strength and resilience to hold their nerve against a team that has made a habit of getting the better of them.
The man of the match was Martinelli, who scored the first goal and then led the break that put them in front at the break.
The penalty that decided the game angered the Reds but Saka stepped forward and drilled the spot- kick past Alisson.
The manager and his team have put together an impressive blend of youth and experience that suggests bigger things are to come for this side.
It is a sign of their vulnerability this season that they have developed a habit of falling behind in games.
Brazil forward Martinelli won his first battle with Trent Alexander-Arnold to put the visitors back on their heels.
Even though they showed character to come back twice, they are now a shadow of the side that competed for four trophies last season and it looks like they won't be able to challenge for a top-four place.
They are easy to get at and concede too many goals, with Alexander-Arnold struggling badly, although his removal at half-time may have been due to an ankle injury sustained when he tried to stop a Martinelli cross in the first half.
The defensive colossus of the team is more suspect than at any time since he arrived at the club.
The attacker is out of sorts. Despite his ability to create goals out of nothing, it was still a surprise to see the Egypt forward substituted, but he was so anonymous that he can have no complaints.
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