Fed put
n.— «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.» —“Impending Global Financial Crisis As Credit Markets Grind to a Halt” by Mike Whitney Market Oracle (United Kingdom) Dec. 7, 2007. (source: Double-Tongued Dictionary)
Further reading
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