The Federal Reserve held rates at 3.5%-3.75% as new chair Kevin Warsh signals hawkish shift. Nine officials now project rate hikes, triggering $111M in

The Federal Reserve is expected to hold rates at 3.50%-3.75% at its June meeting, with 96% probability. New chair Kevin Warsh faces his first FOMC decision.

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.