随着投资者重新评估美联储的政策前景，美元指数在上一交易日大幅反弹后，周四徘徊在97上方。周三，美联储公布了普遍预期的25个基点的降息，同时暗示今年将再降息两次，但2026年只降息一次，这与市场对明年降息两到三次的预期相悖。主席杰罗姆·鲍威尔（Jerome Powell）语气谨慎，将此举描述为劳动力市场疲软的“风险管理”，同时强调没有必要急于放松。值得注意的是，新任命的州长Stephen Miran是唯一的反对者，他支持更大幅度的50个基点的降息，导致分裂比预期的要少。在其他地方，加拿大银行也将利率下调了25个基点，而英格兰银行和日本银行预计本周将保持政策不变。

The dollar index hovered above 97 on Thursday after rebounding sharply in the prior session, as investors reassessed the Federal Reserve’s policy outlook. On Wednesday, the Fed delivered a widely expected quarter-point rate cut, while signaling two more reductions this year but only one in 2026, pushing back against market expectations for two or three cuts next year. Chair Jerome Powell struck a cautious tone, framing the move as “risk management” amid labor market weakness, while stressing there is no need to rush easing. Notably, newly appointed Governor Stephen Miran was the sole dissenter, backing a larger 50 bps cut, resulting in fewer splits than anticipated. Elsewhere, the Bank of Canada also trimmed rates by 25 bps, while the Bank of England and Bank of Japan are expected to keep policy unchanged this week.