单词 | Depository Institutions Deregulation and Monetary Control Act |
释义 | Depository Institutions Deregulation and Monetary Control Act = (DIDMCA) A US act of 1980 which imposed uniform reserve requirements on US commercial banks, savings banks, mutual savings banks and savings and loan associations, empowered the Federal Reserve to ask for supplemental reserves, and removed some interest rate ceilings. The Act was intended to increase competition in US banking. |
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