According to Mars Finance and reports from Jin10, Goldman Sachs economist David Mericle stated that the path for Kevin Warsh to take over as Fed Chair is becoming clear. However, he noted that leadership changes may not immediately shift the Fed's policy stance in the coming months. The new chair may not be able to push for rate cuts as aggressively as Powell, especially with the high uncertainty surrounding the Middle East conflict. Goldman Sachs still expects some easing policy before the end of the year, forecasting a 25 basis point rate cut from the Fed in September and December.