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'Rip off the Band-Aid': Wells Fargo makes case for 150 basis point hike at Fed meeting

It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s “Fast Money” he would seriously consider a 150 basis point hike this week if he were Chair Jerome Powell. related investing news […]