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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Kris Commons 6 Fed pass to Stokes for move which ended in Forrest putting Celtic 2-0 up.
(1) I argue "potentially" important because his book might help get reforms at the Fed passed by Congress.
Conrad Balatoni 5 Vulnerable on deck as 'Well fed passes in behind him.