GOLDMAN: FED CHAIR SHIFT UNLIKELY TO SPEED RATE CUTS Goldman Sachs says a leadership change at the Fed—potentially Kevin Warsh—won’t quickly alter monetary policy. Economist David Mericle notes a new chair may have limited influence if the Federal Open Market Committee remains divided, and may not be more inclined to cut rates than Jerome Powell, especially amid Middle East uncertainty. Still, Goldman expects easing later this year, forecasting two 25-basis-point cuts in September and December.(*Walter Bloomberg)