It is based on the belief that an increase in interestWhat is interest? In finance and trading, interest is a fe... More rates.
will have a minimal impact on an economy and so an advocate of dovish policies would seek to encourage economic growth through lowFor example, if a inflation rateWhat is inflation? Inflation is the rate at which the overa... More to be lower in due course, it would be considered a dovish comment.
issues a statement that it expects theThe opposite of dovish is
.