US Federal Reserve Vice Chair Michael Barr Says Reviewing Supplementary Leverage Ratio As Part Of Capital Rule Review, No Current Planned Changes; Says Expects To Publish A Proposal On Tweaks To Bank Liquidity Rules Later This Year, Or Early Next Year
Portfolio Pulse from Benzinga Newsdesk
US Federal Reserve Vice Chair Michael Barr announced that the Fed is reviewing the Supplementary Leverage Ratio as part of a capital rule review, with no current planned changes. A proposal on tweaks to bank liquidity rules is expected later this year or early next year.

September 26, 2024 | 3:00 pm
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NEUTRAL IMPACT
The announcement by the Fed Vice Chair about reviewing the Supplementary Leverage Ratio and upcoming proposals on bank liquidity rules could impact financial markets, including SPY, which tracks the S&P 500.
The SPY ETF, which tracks the S&P 500, could be indirectly affected by changes in banking regulations as they may influence financial sector stocks. However, since no immediate changes are planned, the short-term impact is neutral.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50