Hawk

AAA

DEFINITION of 'Hawk'

A policymaker or advisor who is predominantly concerned with interest rates as they relate to fiscal policy. A hawk generally favors relatively high interest rates in order to keep inflation in check. In other words, they are less concerned with economic growth than they are with recessionary pressure brought to bear by high inflation rates.


Also known as "inflation hawk."

INVESTOPEDIA EXPLAINS 'Hawk'

Although the most common use of the term "hawk" is described above, be aware that it has been used in a variety of contexts. In each case, it refers to someone who is intently focused on a particular aspect of a larger pursuit or endeavor. A budget hawk, for example, is one that believes the federal budget is of the utmost importance - just like a generic hawk (or inflation hawk) is focused on interest rates.

RELATED TERMS
  1. Economics

    A social science that studies how individuals, governments, firms ...
  2. Alan Greenspan

    The former chairman of the Board of Governors of the Federal ...
  3. Inflation

    The rate at which the general level of prices for goods and services ...
  4. Federal Reserve Board - FRB

    The governing body of the Federal Reserve System. The seven members ...
  5. Gorilla

    A company that dominates an industry without having a complete ...
  6. Monetary Policy

    The actions of a central bank, currency board or other regulatory ...
Related Articles
  1. Economics

    The Federal Reserve

  2. Economics

    Alan Greenspan: 19 Years In The Federal ...

  3. Economics

    What You Should Know About Inflation

  4. Investing

    What is inflation and how should it ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center