Hawkish is a term used for monetary policymakers at central banks and advisors to government leaders who are in favor of raising interest rates as a tool for lowering inflation when interest rates are low. A hawk can also be anyone who wants to keep interest rates high after they have already been raised. A …
Dovish refers to the stance and sentiment a government monetary policy creator holds and expresses toward keeping interest rates low. Doves on the Federal Reserve board believe low-interest rates and accommodative monetary policy are important to keep the economy going and maintain low unemployment rates. If someone is dovish they are not as concerned about …
