dovish

Also dove·like

[duhv-ish]

adjective

1. (especially of a person in public office) advocating peace, compromise, or a conciliatory national attitude.

   Mr. Weizman made his name as one of Israel's most celebrated fighting men, yet he worked to transform himself into a dovish politician.

2. Economics.,  advocating low interest rates or other monetary policies aimed at reducing unemployment rather than inflation.

   With the jobless rate in double digits, the same dovish remarks can be expected from other Federal Reserve officials.

3. like or resembling a dove or any of the bird’s typical features or behaviors.

   The sofa fabric is a soft dovish gray.

Other Word Forms

• dovishness noun

Word History and Origins

Origin of dovish¹

dov(e) ¹ ( def. ) + -ish ¹

Example Sentences

The market expects inflation to decrease to just under 3% year over year, with job growth of 150,000 to keep the Fed on the dovish track.

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Yen weakness has accelerated with the Fed being more hawkish and the BOJ more dovish than markets had priced in, the rates strategist says in a recent note.

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If Fed exhibits dovish statements — either by cutting rates or being quite accommodative in its statements — it would not be long before gold rallies.

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This could turn more dovish as a new Fed chair takes the reins and other committee members are potentially replaced.

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On the other hand, a 0.25% rate cut with dovish commentary would likely be viewed as the beginning of an easing cycle.

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