JPMorgan's Bob Michele flags FOMC hawkish tilt under new Fed Chair Kevin Warsh as rates hold at 3.50%-3.75% amid persistent inflation concerns.

Kevin Warsh chairs his first FOMC meeting with rates expected to hold at 3.5%-3.75%. With CPI at 4.2%, markets eye potential hikes and crypto implications.

Kevin Warsh chairs his first FOMC meeting June 16-17 with markets expecting a rate hold at 3.50-3.75% as inflation persists near 3.8%.