Fed's Rosengren crossing the wires: Favours gradual rate hikes despite inflation miss

Fed's Rosengren has hit the wires with the following comments:

• Favor gradual rate hikes despite inflation miss 
• Economy risks overheating, could lift asset prices 
• Idiosyncratic factors to depress inflation til spring 
• Unempl will be 'materially below' natural rate 
• Fed, private analysts agree low inflation is transitory 
• Difficult to untangle storm impacts from econ data 
• Hurricanes to result in higher inflation next few months 

Earlier Fed speakers:

• Fed's Bullard: Current level of policy rate is appropriate given current macroeconomic data