if the federal reserve chair is considered a dove this means that she
Monetary hawk and dove The two terms are commonly used in the United States to describe members and nominees to the Federal Reserve Board of Governors, who have major influence on United States monetary policy both as Federal Reserve Governors and as members of the Federal Open Market Committee.[1][2] The terms are also used outside of the United States, in places such as the United Kingdom[3] and India.[4] The term "pigeon" has been used to describe individuals who take positions between those of hawks and doves,[1] although the term "centrist" is also used.
Federal Reserve System The U.S. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates.[11] The first two objectives are sometimes referred to as the Federal Reserve's dual mandate.[12] Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stability of the financial system, and providing financial services to depository institutions, the U.S. government, and foreign official institutions.[13] The Fed conducts research into the economy and provides numerous publications, such as the Beige Book and the FRED database.