Hawk
a.k.a. Hawkish
A central banker who favours higher interest rates to keep inflation under control.
In plain English
A central banker who favours higher interest rates to keep inflation under control.
A hawk worries most about inflation and is willing to raise rates, or keep them high, even if growth suffers. 'Hawkish' remarks tend to strengthen a currency.
The opposite is a dove. Central bank watchers sort officials along this spectrum to guess where policy is heading.
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