All of these banks are really in control of short-term interest rates and these interest rates are used to try to manage and stabilize the economy.

所有国家的中央银行都可以,控制短期利率,通过控制短期率达到,管理和稳定经济的作用

耶鲁公开课 - 金融市场课程节选

That's Depository Institution's Deregulation and Monetary Control Act; what that did was, it eliminated ceilings on interest rates --on deposits, it allowed banks to pay high interest rates.

存款机构放松管制和货币控制法案,所做的就是,取消了存款利率的上限,准许银行支付高额利率

耶鲁公开课 - 金融市场课程节选