Catchword: Fed put

Filed Under: English, Money & Finance, Jargon

Part of Speech: n.

Quotation: One of the most reliable and predictable features of the Fed’s monetary policy is action to PREVENT SYSTEMIC FINANCIAL COLLAPSE. If this regularity of policy is what is meant by the “Fed put,” then so be it, but the term seems to me to be extremely misleading. The Fed does not have the desire or tools to prevent widespread losses in a particular sector but should not sit by while a financial upset becomes a financial calamity affecting the entire economy.

Article or Document Title:
“Impending Global Financial Crisis As Credit Markets Grind to a Halt” (URL)

Author:
Mike Whitney

Article, Document, Publication, Web Site:
Market Oracle

Publishing Location:
United Kingdom

Date of Publication:
Dec. 7, 2007

This catchword has yet to be researched.