Comments from Boston Fed President Rosengren:
- Should hike rates if economic continues gradual improvement
- Hike should raise rates gradually after liftoff
- Gradual hikes may be needed to 'probe' labor market
- Domestic demand should help offset dollar strength
- Worst of Fed's Sept worries have no materialized
- Reasonable to ask whether current stimulus still needed
- Oct jobs report 'very good news'
Like Evans, Rosengren is a dove and he doesn't sound like he's gearing up to fight off the hawks. Instead, the latest communication sounds like a concerted effort from Fed speakers to push the likelihood of a hike higher without sparking speculation about a series of quick hikes.
