Fed Governors Waller, Bowman, Critical Of Bank Capital Proposal In Prepared Remarks; Federal Reserve Unveils Proposed Technical Changes To The Global Systemically Important Bank Surcharge
Portfolio Pulse from Happy Mohamed
Federal Reserve Governors Waller and Bowman have criticized a bank capital proposal in their prepared remarks. The Federal Reserve has also unveiled proposed technical changes to the Global Systemically Important Bank Surcharge.
July 27, 2023 | 4:44 pm
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NEUTRAL IMPACT
The criticism of the bank capital proposal and changes to the Global Systemically Important Bank Surcharge by the Federal Reserve may impact KBE.
As KBE is an ETF that tracks a market-cap-weighted index of US banking firms, any regulatory changes or criticisms from the Federal Reserve can potentially impact the ETF's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The criticism of the bank capital proposal and changes to the Global Systemically Important Bank Surcharge by the Federal Reserve may impact KRE.
As KRE is an ETF that tracks an equal-weighted index of US regional banking firms, any regulatory changes or criticisms from the Federal Reserve can potentially impact the ETF's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The criticism of the bank capital proposal and changes to the Global Systemically Important Bank Surcharge by the Federal Reserve may have a minor impact on SPY.
As SPY is an ETF that tracks the S&P 500, which includes a significant portion of banking firms, any regulatory changes or criticisms from the Federal Reserve can potentially have a minor impact on the ETF's performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The criticism of the bank capital proposal and changes to the Global Systemically Important Bank Surcharge by the Federal Reserve may impact XLF.
As XLF is an ETF that tracks an index of S&P 500 financial stocks, any regulatory changes or criticisms from the Federal Reserve can potentially impact the ETF's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75