At its September meeting, the Federal Open Markets Committee kept rates unchanged with a target range of 5.25% to 5.50%, in a decision that was widely anticipated by investors. Still, markets responded negatively with bond yields jumping to levels not seen since 2007, the S&P 500 falling a couple percentage points, and tech stocks retreating further from their recent peaks. This reaction may come as no surprise to investors since disagreements around the direction of the economy and Fed policy have driven market swings all year. In addition, issues such as a possible government shutdown, cracks in China's economy, student loan payments, higher oil prices, and more, are worrying investors. As we approach the final quarter of the year, how can investors maintain perspective on the state of the economy and its impact on markets?
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