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。
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。
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