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Username: Fluffy

Rating:
Guru Stars

Asked to: Heng Kim

Date Created: 28 Mar 2016
Category 23
Tag Forex
Question What does 'Dove' mean?
Advice from Guru
Hello Fluffy,

Dove is an economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that inflation and its negative effects will have a minimal impact on society. This term is derived from the docile and placid nature of the bird of the same name, and is the opposite of the term "hawk".

Statements that suggest that inflation will have a minimal impact are called "dovish".

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