Hawkish and dovish: what do they actually mean?

A hawk wants tighter policy — higher rates — to fight inflation. A dove wants looser policy to support growth. Central bank commentary is read through this lens, and one word change can move a currency.

Hawkish and dovish: what do they actually mean? — central bank rate path diagram
A central bank's policy rate path across recent meetings

Post the phrase that confused you, or the hawk/dove signal you look for. Experienced members: what's the subtlest hawkish or dovish signal you've seen move a pair?

Hawkish and dovish: what do they actually mean? — support and resistance diagram
Price bouncing between support and resistance

The interest rates guide covers the language of central banks.

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