As the CEO of Bank of America, Brian Moynihan's comments are closely watched by investors. His discussion about interest rates and the Fed's policy could be seen as a barometer for the banking industry's health and future earnings potential. However, without specific details on the bank's performance or strategic direction, the impact on the stock price is likely to be moderate and more reflective of market sentiment rather than direct financial implications for BAC.

The SPY ETF, which tracks the S&P 500, could experience indirect effects from Brian Moynihan's comments due to its broad exposure to the market. His insights on interest rates and the Fed's policy can influence investor sentiment and expectations about monetary policy, which in turn can affect the stock market as a whole. However, the impact on SPY will be diluted compared to BAC as it is not specific to any single sector or company.