Dove/dovish definition
Dove
Like bull and bear market descriptors, dovish is one of two ways to describe monetary policy from the Federal Reserve. A dovish policy advocates for low interest rates aimed at reducing unemployment and stimulating economic growth.
Hawks vs doves
While dovish monetary policy uses low interest rates to achieve financial goals, hawkish policy implements higher interest rates to help curb inflation. Policy makers tend to switch between hawkish and dovish depending on the economy’s rise and fall.