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Do you agree with the notion that stock market is not the economy? Given that the Fed's decision on interest rate has a significant impact

Do you agree with the notion that "stock market is not the economy"? Given that the Fed's decision on interest rate has a significant impact on the stock market, should Fed put the stock market into consideration when making the decision? In response to the recession caused by the Covid-19 pandemic in 2020, Fed purchased companies' bonds. Yet people have questions over the probity of such a move into the functioning of free markets, and the role of what is supposed to be an independent central bank. Do you think the Fed should buy companies' bonds in response to the recession during the pandemic

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