Dovish

    0
    616
    Dove and hawk interest rates

    The term dovish generally describes an economic outlook towards lower interest rates.

    It is based on the belief that an increase in inflation will have a minimal impact on an economy and so an advocate of dovish policies would seek to encourage economic growth through low interest rates.

    For example, if a central bank issues a statement that it expects the inflation rate to be lower in due course, it would be considered a dovish comment.

    The opposite of dovish is hawkish.