For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates.

New Fed Chair Kevin Warsh stays silent on rate outlook ahead of July FOMC meeting, fueling volatility across equities and crypto markets.

For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates.

Investors had largely expected that the Fed would hold interest rates steady, given ongoing concerns with high inflation.