From The Free Forex Encyclopedia

Jump to: navigation, search

Refers to the tone of language when describing a non-aggressive stance or viewpoint regarding a specific economic event or action. It’s often used when describing the economy or interest rates of a country.

Central bankers are described as "dovish" because they generally favor economic growth and employment over tightening interest rates.

Opposite of Hawkish (hawk).

Related Articles:

Interest Rates 101

411 on Monetary Policy

What Makes Interest Rates Interesting

The Who's Who of the Central Bank

If You Can't Beat 'Em, Join 'Em!

"I know the price of success: dedication, hard work, and an unremitting devotion to the things you want to see happen."
Frank Lloyd Wright
Clicky Web Analytics