Studies point to yes (and the experience of many women points to yes).
In the 1960s, there was much hue and cry that the Pill would turn women into sex fiends and put marriages in peril. But in recent decades, medical concerns about hormonal birth control have shifted to the other end of the spectrum, with doctors maintaining that it may actually lower women’s libido and in some cases lead to sexual dysfunction.
Women have been saying for years that the Pill and other hormonal contraceptives can decrease their sex drives. Of course, for a lot of women, hormonal contraceptives have no such effect; for others, the decrease is small and is a tolerable trade-off for not getting pregnant. But I’m glad the medical community is finally catching on, and is recognizing that sexual desire in women is a good thing. Hopefully the evolution of birth control will continue to go in a lower-hormone direction, and will help women (and someday men, for pete’s sake) to prevent pregnancy without compromising desire or pleasure.