The Fed needs to ‘rip off the Band-Aid’ and hike interest rates by 150 basis points, Wells Fargo strategist says

Federal Reserve Chair Jerome Powell. Chip Somodevilla/Getty The Federal Reserve should consider a 150-basis-point rate hike, a Wells Fargo strategist said. "Why not just rip off the Band-Aid — let's get there in one day," Michael Schumacher told CNBC. Most economists expect the Fed to raise interest rates 75 basis points after the conclusion of […]

‘Band-Aid on cancer of anti-Semitism’: Anne Frank Center slams Trump’s remarks

The Anne Frank Center has responded to Donald Trump’s first public condemnation of anti-semitic threats with a scathing statement blasting the president’s remarks as “a pathetic asterisk of condescension.” Trump responded on Tuesday to the recent spate of threats and incidents of vandalism targeting the Jewish community, describing them as “horrible” and “painful” and “a very […]