The US dollar index rose slightly to 97.5 on Tuesday as markets weighed major revisions to job growth data and the outlook for Federal Reserve policy. The Bureau of Labor Statistics said payrolls for the year through March will likely be revised down by 911,000, or about 76,000 fewer jobs per month, signaling a weaker labor market than previously thought. Though these benchmark adjustments reflect past data, they reinforce recent evidence of slowing job creation, with summer payroll gains averaging just 29,000 per month. The revisions have fueled expectations that the Fed will begin cutting interest rates as soon as next week, with Chair Jerome Powell acknowledging mounting risks to employment. Traders now widely anticipate a September 17 rate cut, marking a shift from tightening to easing policy. Meanwhile, a reported Israeli attack in Qatar revived fears of a wider conflict in the Middle East.