Dovish

Dovish, in the context of politics and economics, describes a person, policy, or viewpoint that favors diplomacy, negotiation, and peaceful resolutions over more aggressive or confrontational approaches, especially in matters of foreign policy or monetary policy. A Dovish stance often prioritizes compromise, avoiding military conflict, and stimulating economic growth through measures like lower interest rates. This approach is generally characterized by a cautious and optimistic outlook, placing emphasis on cooperation and understanding to achieve desired outcomes while minimizing risks. Individuals or entities described as Dovish tend to be seen as more moderate and less hawkish.

Dovish meaning with examples

• The central bank, facing slowing economic growth, adopted a Dovish stance, signaling potential interest rate cuts to stimulate borrowing and investment. This Dovish approach was welcomed by businesses, hoping for cheaper loans to expand operations and avoid layoffs. The market responded positively with an initial surge in stock prices. Economists debated the effectiveness of this strategy.
• Senator Thompson, known for his Dovish foreign policy, advocated for a diplomatic solution to the escalating international crisis. He stressed the need for dialogue and de-escalation to prevent armed conflict. His Dovish views were contrasted sharply with the more hawkish stance of other politicians. Many citizens agree with his Dovish opinions, even those who feel that the hawks are correct too.
• The president’s Dovish approach towards trade negotiations involved offering concessions and pursuing mutually beneficial agreements. Critics argued that this might put their country at a disadvantage. But the president persisted in a Dovish approach. The president's goal was long-term economic stability. He felt this was more important than a short-term gain.
• During the budget debate, the Dovish faction within the government championed increased spending on social programs. They felt this was a great step forward for society as a whole. This stood in stark contrast to the hawkish wing, who prioritized fiscal austerity and reduced government expenditure. The Dovish side felt it was important to balance spending and the economy in general.
• The CEO of the company, known for his Dovish management style, preferred collaborative decision-making and employee empowerment over a top-down approach. He had earned high praise for his approach. The company's success was a product of this Dovish policy. He was open to new ideas and embraced employee feedback.