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Anonymous Posted 20 years ago
Vocabulary

DOVISH

Hallo,

in an economic article published by banca intesa, I find this expression:

"The market is over-dovish in its interpretation of the FOMC’s message and the dollar falls"



please explain me this word. tnx
  

Top answer

"Dovish" means "like a dove". In politics, for instance, "doves" are distinguished from "hawks", in terms of policy. It seems to me that in this context, "dovish" means "unaggressive", "mild", "unwilling to take risks".

  • "Dovish" means "like a dove".
  • In politics, for instance, "doves" are distinguished from "hawks", in terms of policy.
  • It seems to me that in this context, "dovish" means "unaggressive", "mild", "unwilling to take risks".
  • MrP
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2 Answers
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"Dovish" means "like a dove". In politics, for instance, "doves" are distinguished from "hawks", in terms of policy.

It seems to me that in this context, "dovish" means "unaggressive", "mild", "unwilling to take risks".

MrP
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Hi,

A dove is a symbol of peace. 'Dovish' is the adjective form, and the prefix 'over' means excessively. I would expect an overly dovish person to be too inclined to look for peace and to avoid conflict.

In your sentence, the meaning is perhaps that the market is too accepting in its interpretation, too reluctant to react strongly.

Consider this passage I found on the '

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