- Reviewed by James Stanley, Nov. 24, 2021
You have probably heard a financial news presenter say something along the lines of “The central bank governor came out slightly hawkish today after bouts of strong economic data”. The terms Hawkish and Dovish refer to whether central banks are more likely to tighten (hawkish) or accommodate (dovish) their monetary policy.
Central bank policy makers determine whether to increase or decrease interest rates, which have significant impact on the