The US Dollar Index (DXY) jostled but overall remained in Wednesday’s trading neighborhood after the Federal Reserve (Fed) delivered its standard interest rate decision, holding interest rates steady in the 3.5-3.75% range and noting its data-dependent approach. Market action will continue to remain limited but jittery as investors await the latest showing from Fed Chair Jerome Powell. Fed Chair Powell will be in the hotseat as investors keep an eye out for any shifts in his policy rhetoric following the Fed head’s press conference. The DOJ has subpoenaed Fed Chair Powell regarding the Fed’s expenditures on a long-planned government office overhaul. Interest rates are charged by financial institutions on loans to borrowers and are paid as interest to savers and depositors.