Dovish

1. Monetary policy.

In relation to monetary policy, 'dovish' monetary policies aim to stimulate economic growth, and are associated with relatively lower interest rates.

Contrasted with more 'hawkish' approaches.

2.

More broadly, 'dovish' policies are generally more conciliatory and peaceful, contrasted with 'hawkish' ones.

The term derives from the behaviour of doves, compared with hawks.

See also

• Bank of England
• Deflation
• Fiscal policy
• Hawkish
• Inflation
• Interest rate
• Keynesianism
• Monetary
• Monetary policy
• Monetary Policy Committee
• Money supply
• Official Bank Rate
• Open market operations
• Quantitative easing
• Supply side policy