FED Pass

FED Pass

A Federal Reserve action adding more reserves to the banking system, increasing the money available for lending, and making credit easier to attain.

FED Pass

An action of the Federal Reserve System by which it adds to the reserves of banks, making credit more easily attainable. A FED pass is meant to spur economic growth during slowdowns. However, it can also increase the amount of money in circulation, which raises the possibility of inflation.
References in periodicals archive ?
Kris Commons 6 Fed pass to Stokes for move which ended in Forrest putting Celtic 2-0 up.