Meaning of the word dovish in English

What does dovish mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

dovish

US /ˈdʌv.ɪʃ/
UK /ˈdʌv.ɪʃ/

Adjective

favoring peace and negotiation over military action or aggressive policies

Example:
The president's new advisor is known for his dovish stance on foreign policy.
Central banks with a dovish outlook tend to favor lower interest rates.