Federal interest rates were set to be announced on August 26, 2016. While some lawmakers advocated for raising rates, most other countries had already lowered their rates to stimulate their own economies. Major technical analysts and houses cautioned against changing rates and preferred to maintain the status quo. Investors remained cautious and refrained from making investments until after the upcoming speech, and most major stock market indexes remained lower.

1. CAPITALW
www.capitalwatershed.com
Ahead
of
Fed
Rates
announcement
26
August
2016
1. Lawmakers
say
GO
FOR
HIKE
BUT
2. The
rest
of
the
world
has
already
lowered
their
rates
each
taking
care
of
their
own.
3. Major
technical
and
analyst
houses
caution
against
changes
of
rates.
Prefer
status
quo.
4. Investors
remain
cautious
and
abstain
from
investing
until
speech
is
over
meanwhile
5. Most
major
equities
remain
in
the
red