Kevin Warsh. The Fed

Analysis: Markets heard a dovish Kevin Warsh. The Fed chairman's own words suggest a rate hike

Investors listened to Kevin Warsh's press conference and thought his tone was dovish, meaning he seemed against raising rates. However, a close look at his prepared remarks shows he may be near deciding to raise interest rates. The markets reacted to his words, but analysts say the hidden message points to a possible rate increase. This creates uncertainty about the Federal Reserve's next move.