Core Viewpoint - The article discusses the current state of the US dollar index and the implications of Federal Reserve strategies, particularly the suggestion to replace the federal funds rate with the Tri-Party General Collateral Rate (TGCR) [1] Group 1: Dollar Index Performance - As of September 29, the US dollar index is priced at 97.95, reflecting a decline of 0.24% from an opening price of 98.17 [1] - A potential breakdown of the support zone between 97.20 and 97.00 could trigger a new wave of technical selling, pushing the index further down to 96.50 or even 96.00 [1] Group 2: Federal Reserve Insights - Strategist Jan Nevruzi from TD Securities finds the proposal by Fed's Logan to use TGCR instead of the federal funds rate "very reasonable" [1] - Lou Crandall, chief economist at Wrightson ICAP, emphasizes the need for the Fed to have a backup plan in case of significant divergence between the federal funds rate and more relevant market rates like TGCR [1] Group 3: Market Sentiment - For the dollar index to reverse its current downward trend, it must rebound strongly and effectively break through the resistance level of 98.50, which would restore market confidence [1]
美联储考量改革锚定利率 构建政策备用方案
Jin Tou Wang·2025-09-29 03:35