dovish

Etymology

Definitions

1. 1

   Pertaining to a dove

   Pertaining to a dove; dove-like.

2. 2

   Peaceful, conciliatory.

   • According to Kathleen A. Francovic, director of surveys for CBS News, it was the “war and peace” issue that seemed to separate the sexes in 1980, with women predictably perched on the dovish side.
   • Doubtless an expression of frustration at the UN secretary general, who has long been too dovish for Bush administration tastes.
   • Caillaux bypassed his Foreign Office in order to impose his own dovish agenda on the negotiations with Berlin […].
3. 3

   Disfavoring increasing interest rates

   Disfavoring increasing interest rates; inclined against increasing interest rates.

   • The Federal Reserve's statement on recent inflation was interpreted as dovish by the market.
   • A dovish policy keeps unemployment close to 6 percent and lets the price level swing more widely to absorb economic shocks.
   • By appearing more dovish than the central bank actually is, the trade-off it faces between stabilization of inflation and stabilization fo the output gap is likely to worsen.

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