ScienceAugust 10, 2026
doves
DUVZ
Definition
In the context of economic policy, central bankers who prioritize low unemployment and economic growth over the control of inflation.
Etymology
Derived from the bird species, the term gained political usage in the 1960s to contrast with 'hawks' during the Vietnam War, representing those who favor peaceful negotiation or, in economics, accommodative monetary policy.
In the news
The article uses the term to describe Federal Reserve officials who might favor lower interest rates. This matters because it signals a potential shift in how the Fed will handle the current jobs report data.
Does This Weak Jobs Report Matter?
Read the full article ↗Fundstrat Direct