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

Fundstrat’s head of research Tom Lee thinks that investors are seeing through the U.S. government shutdown “noise” and recognize that any hit to economic activity will only make the Federal Reserve more dovish.

Read more on MarketWatch

For the dollar, near-term gains are likely to be tested by the dovish tone established in minutes of the Fed’s September policy meeting, which were published on Wednesday.

Read more on Barron's

The central bank’s statement Wednesday wasn’t overly dovish, however.

Read more on The Wall Street Journal

The yen has tumbled to its weakest levels against the dollar since February, on diminished prospects for a Bank of Japan rate increase after the weekend heralded a more dovish government.

Read more on The Wall Street Journal

The shift to a more "dovish" stance, suggesting an easing of the cost of borrowing, sent share prices higher.

Read more on BBC