Comment on The 'Fed put' is back. Here's why central bankers will want to support the stock market, according to Fundstrat's Tom Lee.

The 'Fed put' is back. Here's why central bankers will want to support the stock market, according to Fundstrat's Tom Lee.

Chair of the Federal Reserve of the United States Jerome Powell speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing on the Semiannual Monetary Policy Report to Congress at the U.S. Capitol on July 9, 2024 in Washington, DC. Powell in earlier remarks was quoted, "we want to be more confident that inflation is moving sustainably down toward 2% before we start the process of reducing or loosening policy."Bonnie Cash/Getty ImagesCentral bankers will want to support stocks, according to Fundstrat's Tom Lee.That's because the Fed wants a "healthy economy," a big component of which is a strong stock market, he said.

 

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