Business, Legal & Accounting Glossary
Hawkish is typically used to describe monetary policy which favors higher interest rates, and tighter monetary controls to keep inflation in check. A hawkish policymaker is less concerned with economic growth than he is with recessionary pressure brought about by the high inflation rate. Forex traders try to identify relatively hawkish central banks because their currency generally appreciates on the foreign exchange market compared to other currencies that are diluted via inflation.
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This glossary post was last updated: 30th December, 2021 | 0 Views.