America had three winners and one loser last week. Federal Reserve chairman Jerome Powell and his policymakers won when inflation fell, clearing the way for a rate cut. America’s banks won a long battle to force a regulator to dial back on new controls he wanted to impose. And Kamala Harris won when she baited Donald Trump into reverting to the undisc…
© 2024 Irwin Stelzer
Substack is the home for great culture