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Economic Commentary

Deregulation and Deposit Pricing

The deregulation of interest rates on federally insured deposits has snowballed over the past several years. The deregulation process is almost completed, and banks and thrifts can now determine the rates that they pay on all deposits except some types of transaction accounts, passbook savings, and very short-term time deposits. Even these latter restrictions will be eliminated in the near future because of deregulatory legislation.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Watro, Paul R. 1984. “Deregulation and Deposit Pricing.” Federal Reserve Bank of Cleveland, Economic Commentary 4/23/1984.