The upcoming Federal Meeting $XAU in June will be a test for the new chair, Warsh.

- The next Federal Reserve meeting in June will be a significant test for the incoming chair, Kevin Warsh, regarding interest rate policy, and could lead to sharp volatility in the markets, according to George Saravelos, head of foreign exchange research at Deutsche Bank.

Saravelos stated in an interview with Bloomberg TV on Tuesday: "The markets will test Chair Warsh, and they'll test his credibility, and we might see a lot of volatility."

Warsh will be chairing his first meeting and press conference next week, succeeding Jerome Powell.
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