Powell Put? I heard a story on the radio today while driving around, probably Bloomberg, that suggested that the Fed would hold off on rate hikes if there was a drop in the equity markets. I thought this was a comment from GS or JPM. I can't find any reference to the comment tonight. My impression of the comment was that the Fed, through GS or JPM, was trying to deliver a message to the markets that they will hold up the equity markets, ie a Powell Put. Have you heard anything like this? Or, am I just imaging things? It spooked me.
Thanks

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