Dovish
“Dovish” (from the English word dove) describes an accommodative monetary policy stance. A central bank is described as dovish when it tends to keep interest rates low or cut them to stimulate economic growth and employment, accepting potentially higher inflation.
The term is contrasted with “hawkish“, the hawk, which indicates a restrictive stance aimed at raising rates to contain inflation. The statements and decisions of central banks are often described as more dovish or more hawkish.
Monetary policy stances influence financial markets as a whole, including crypto-assets. However, this is a contextual factor that does not represent an operational indication or a forecast of price movements.
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