Major stock index futures are showing indecision today. The Dow, S&P 500, and Nasdaq futures are all hovering in uncertain territory as traders brace for the Federal Reserve's upcoming rate decision.

Market participants seem hesitant to make big moves ahead of the announcement. Everyone's basically holding their breath, waiting to see what the Fed chairman will signal about monetary policy direction. Will they hold rates steady? Hint at cuts? The uncertainty is keeping futures in a tight range.

This kind of pre-announcement jitters isn't uncommon. When central bank decisions loom, risk assets—stocks, crypto, you name it—tend to tread water. Institutional players typically scale back positions until there's clarity on the policy path forward.