US stocks were poised to continue their retreat on Thursday as investors worried over the Fed's hawkish stance.
If the federal government shuts down on Oct. 1, many critical US agencies will close their doors and send employees home. But that is likely not to be the case at the IRS.
The Fed kept rates steady on Wednesday but suggested a less friendly outlook for investors betting on the central bank starting to back off its efforts to bring inflation down.
Fed policymakers kept the federal funds rate unchanged at a 22-year high of 5.25% to 5.5% in September.
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