Fed’s Case for Additional Tightening Is Rapidly Dissipating, Says Leuthold’s Paulsen

From Bloomberg Markets and Finance.

Jim Paulsen, chief investment strategist at The Leuthold Group, says "sluggish" US economic momentum and recent positive inflation data are behind his call for the Federal Reserve to slow it’s path of interest-rate hikes. "I think the case for additional Fed tightening is rapidly dissipating," Paulsen says on "Bloomberg Surveillance."