Five-member committee established by the Banking Act of 1980 (the Depository Institutions Deregulation and Monetary Control Act) to gradually phase out interest rate ceilings on deposit accounts over a six-year period. The DIDC's authority expired March 31, 1986 when Federal Reserve Regulation Q abolished interest rate ceilings on passbook savings accounts.
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Depository Institutions Deregulation Committee (DIDC)
Barron's Banking Dictionary:
Depository Institutions Deregulation Committee (DIDC) |
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Depository Institutions Deregulation Committee (DIDC) |
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