This is all delaying tactics and trying to make sure people dont go postal over all this. Just think if they didnt do anything at all??!
But I think the Fed is figuring out that the market cant really be denied. It will take massive intervention from Congress to stop the carnage, and even then I think it will result in the US$ getting slaughtered. But who knows.
Oh, buying when it’s low and selling when it’s going up is not “buying and holding”, unless you’re talking about trading in a cycle.
