Inflation Dove

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Definition of 'Inflation Dove'

An Inflation Dove is an economic policy adviser who believes that inflation will have a minimal impact on the economy and that inflation is not a bad thing. Inflation Doves argue for monetary policies that maintain low interest rates.

The opposite of a "dovish" attitude to inflation is a "hawkish" stance. Doves reason that low interest rates will encourage growth in an economy because access to capital will be more affordable and available.

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