The Fed try’s to make it look like their “ tools” are plural when they only have one tool, hiking rates.
I’m not a economic chess player but the only thing I could see bringing the dollar back to any value is if the congress started to act fiscally and fiducially responsible.
I can’t see that happening anytime soon. Maybe in our whole life time. Now they have the war wagons going and of course we can’t know where all that moneys going less something leaks out. Even if it stopped they have us in debt for generations their reckless spending and now they have started the wheels going with WEF and the Brics ever growing list of moving away from the dollar. Now they have recession right around the corner less the want to try for a full out depression.