DEPOSITORY INSTITUTIONS DEREGULATION COMMITTEE – DIDC
A six-member committee established by the Depository Institutions Deregulation and Monetary Control Act of 1980, which had the primary purpose of phasing out interest rate ceilings on deposit accounts by 1986.
The six members of the Committee were the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the FDIC, the Chairman of the Federal Home Loan Bank Board (FHLBB), and the Chairman of the National Credit Union Administration Board (NCUAB) as voting members, and the Comptroller of the Currency as a non-voting member.
Besides the phase out of interest rate ceilings, the Committee's other tasks included devising new financial products that would allow thrifts to compete with with money funds and to eliminate ceilings on time deposits. But its overall purpose was to deregulate bank interest rates.
POPULAR TERMS
Specific-Shares Method
Voting Trust Certificate
Sample Selection Bias
Combined Loan to Value Ratio - CLTV Ratio
Contagion
POPULAR ARTICLE
SEE FOREX TUTORIAL
Macroeconomics: Basic Concepts
So You Want A Job in Financial Careers: A Guide
An Introduction to MetaTrader 4 and MetaTrader 5
Digesting Financial Statements: Introduction
Introduction to Inflation
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
| 04:00 | Industrial production | Feb | |
| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Consumer Price Index | Feb | |
| 14:30 | Consumer Price Index Core | Feb |
