Last Updated on: 16th February 2021, 09:29 am
Hawkish refers to a tone in a speech that is associated with a situation where policymakers aim to decrease the money supply by increasing the interest rates, reserve rates, and expanding the open market operations. Consequently, a hawkish tone from a central bank strengthens the currency.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.