A hawk is an economist or policymaker whose main goal in monetary policy is to control inflation, often by raising interest rates or reducing the money supply.
The opposite of a hawk is a dove. Both are members of central bank committees categorized by their probable voting direction ahead of monetary policy meetings: doves would prefer that interest rates stay low, while hawks would like to see higher interest rates.
Traders closely follow statements and actions of central bank officials, especially those with hawkish tendencies, as they can signal future interest rate hikes.
Comments
0 comments
Article is closed for comments.