Have you heard about these strange income PAYCODES?

Powell's Pivot: After Hefty Rate Cut, What Comes Now? [StreetAuthority]    [Have you heard about these strange income PAYCODES?]( A brand-new PAYCODE is queued up and ready to release… unfortunately, it looks like your name isn’t on the “list” to get it. This 19-digit PAYCODE [could hand you an instant $1,640 every single week](… from less than 10 minutes of “work.” [Click here to claim your first “PAYCODE” now.](   Powell's Pivot: After Hefty Rate Cut, What Comes Now? By John Persinos  After muscling interest rates at a pace not seen since the Walkman was cutting-edge tech, the Federal Reserve has finally reversed course. The Fed on Wednesday announced its decision to slash its benchmark federal funds rate by a whopping 50 basis points (0.50%). That’s a remarkable pivot from the long-prevailing monetary policy. In March 2022, the Fed embarked on its most aggressive tightening campaign in 40 years, to fight COVID-induced inflation. However, inflation is edging back toward the Fed’s 2% target and the central bank is now taking a longer, more worried glance at employment. According to Fed Chair Jerome Powell [at his press conference yesterday](, this move is all about staying ahead of the curve and pursuing the Fed’s dual mandate of maximum employment and price stability. Wednesday’s cut marks the beginning of what looks to be a slow, deliberate retreat from the restrictive rate policies we’ve endured. The federal funds rate currently hovers at 4.75%-5.0%, down from the prior range of 5.25%-5.5% (see chart). The Fed’s latest “dot plot” suggests that more rate cuts are on the horizon—two this year, four in 2025, and two more in 2026, bringing the rate down to a so-called “neutral” 2.9%. With each cut, Powell and his colleagues signal to the markets that they’re optimistic about keeping growth steady and inflation contained. They’ve even adjusted their unemployment forecasts, expecting it to peak at 4.4%, a slight revision upward. Despite Wednesday’s surprisingly hefty rate reduction, the Fed continues to peddle the narrative of a “soft landing,” justifying a cautious, step-by-step approach to loosening monetary policy over the coming years. The age-old lesson for investors is that the market’s reaction to rate cuts depends on the broader economic context. Historically, when the Fed cuts rates while a recession isn’t lurking, equity markets tend to thrive, with gains emerging over the following 12 months. On the flip side, if rate cuts are seen as a last-ditch effort to stave off economic collapse, losses have typically followed. [Read More...](   [US Capital Building]( [This obscure plan doles out up to $2,105 a month in "bonus cash"]( If you call your broker, accountant, or even the stock-market-obsessed neighbor across the street and ask them about the little-known opportunity I’m about to show you… I’m certain they’ll tell you they’ve never heard of it. That doesn't mean it doesn't exist or they're trying to keep it a secret. But this income-generating “loophole” is so obscure, less than 0.001% of Americans are taking advantage of it. [Click here to discover how to join them.]( You are receiving this email at {EMAIL} as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms]( |  [Privacy]( |  [Unsubscribe]( ©2024 StreetAuthority 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.