Dovish
MacroDefinition
Pro-easing monetary policy stance: lower rates, willingness to tolerate higher inflation in exchange for protecting jobs and growth. Opposite of hawkish.
Doves: typically academic economists with employment-focus mandates (Brainard, Goolsbee). Dovish surprises ease financial conditions and lift risk assets.
Doves: typically academic economists with employment-focus mandates (Brainard, Goolsbee). Dovish surprises ease financial conditions and lift risk assets.