<Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> <P> A monetary hawk, or hawk for short, is a term used to describe someone who places keeping inflation low as the top priority in monetary policy . The term contrasts with a monetary dove, which describes someone who emphasizes other issues, especially low unemployment, over low inflation . </P> <P> 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 . The terms are also used outside of the United States, in places such as the United Kingdom and India . The term "pigeon" has been used to describe individuals who take positions between those of hawks and doves, although the term "centrist" is also used . </P> <P> Doves generally are more in favor of expansionary monetary policy, including low interest rates, while hawks tend to favor "tight" monetary policy . For example, doves in the United States tend to favor quantitative easing, seeing it as a way to stimulate the economy, while hawks tend to oppose quantitative easing, seeing it as a distortion of asset markets . Additionally, hawks tend to project higher future inflation, and hence see more risk from inflation and a greater need for tight monetary policies, while doves tend to predict lower future inflation, and hence see more need for expansionary monetary policies . </P>

If the federal reserve chair is considered a dove this means that she