Federal Reserve Board chairman Jerome Powell during the Federal Reserve Integrated Review of the Capital Framework for Large Banks Conference at the Federal Reserve in Washington, D.C. Photo by Mark Schiefelbein/AP files

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United States Federal Reserve officials delivered their second consecutive interest-rate reduction to support a softening labour market, and said they would stop shrinking the central bank’s portfolio of assets on Dec. 1.

In their post-meeting statement, Fed policymakers on Wednesday repeated their assessment that “job gains have slowed” and said “risks to employment rose in recent months.”

Of

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